SLB OneSubsea wins Eni EPC contract for Baleine Phase 3 project

SLB (NYSE: SLB), through its OneSubsea joint venture, has been awarded a multi-well engineering, procurement, and construction (EPC) contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d'Ivoire, according to a company statement.

Under the contract, SLB OneSubsea will deliver subsea production systems for 13 wells. The scope includes subsea trees, umbilicals, manifolds, multiphase flowmeters, and control systems, along with installation, commissioning, and life-of-field support.

Project execution will draw on SLB OneSubsea's existing in-country presence in Côte d'Ivoire. The contract value was not disclosed.

Mads Hjelmeland, chief executive officer of SLB OneSubsea, said: "Baleine Phase 3 brings together scale and execution certainty. Through our subsea production system technology and by leveraging our established local presence, we are supporting Eni's efforts to advance a complex, deepwater project efficiently while contributing to the long-term development of offshore resources in Côte d'Ivoire."

SLB OneSubsea is a joint venture backed by SLB, Aker Solutions, and Subsea7, headquartered in Oslo and Houston, with approximately 10,000 employees worldwide.

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