SLB OneSubsea JV wins major EPC contract from Eni for Baleine Phase 3

Corporate ActionM&A · Partnership
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Summary · why it matters

SLB announced that its OneSubsea joint venture has been awarded a major multi-well engineering, procurement, and construction contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d'Ivoire. SLB OneSubsea will deliver complete subsea production systems for 13 wells. The contract supports Eni's efforts to advance the complex deepwater project efficiently while contributing to the long-term development of offshore resources in Côte d'Ivoire. In pre-market trading on NYSE, SLB shares rose 0.93 percent to $48.20.

Impact on stocks 3

Energy · 2 stocks
SLB N.V.
0SCL
▲ PositiveDemandrelevance

SLB's OneSubsea JV wins major EPC contract from Eni for Baleine Phase 3, driving demand for subsea production systems.

Eni S.p.A.
ENI
▲ PositiveSupplyrelevance

Eni awards contract for Phase 3 of Baleine project, advancing its deepwater development and securing subsea production systems.

Energy Transition & Power Demand · 1 stocks
Schlumberger NV
SLB
▲ PositiveDemandrelevance

SLB's OneSubsea JV wins major EPC contract from Eni for Baleine Phase 3, driving demand for subsea production systems.