Chevron Awards OneSubsea Industry¡¯s First Fully Integrated Subsea

Published: 12/12/2019

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HOUSTON, December 12, 2019—Schlumberger announced today an award by Chevron U.S.A. Inc. (Chevron) to OneSubsea® for the supply of an integrated subsea

Through this engineering, procurement and construction (EPC) award, OneSubsea—the subsea technologies,

“We are delighted that Chevron has awarded OneSubsea the industry’s first 20,000-psi integrated deepwater project in the US Gulf of Mexico,” said Don Sweet, president, OneSubsea. “Our innovative technologies optimize project efficiency and help reduce cycle times. This project is an example of our commitment to drive customer performance and help Chevron unlock their next frontier of deepwater oil and gas resources.”

The equipment that will be deployed in this project is covered under the 20-year subsea equipment and services master order for Chevron’s development projects in the Gulf of Mexico. This project will benefit from a preapproved catalog of standard subsea equipment, enabling Chevron to reduce investment cost while improving its subsea development performance.

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Schlumberger is the world's leading provider of technology for reservoir characterization, drilling,
Schlumberger Limited has executive offices in Paris, Houston, London and The Hague, and reported revenues of $32.82 billion in 2018. For more information, visit www.slb.com.

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