onesubsea

OneSubsea’s portfolio of leading technologies will improve the performance of subsea assets while improving energy efficiency and reducing CO2 emissions. Aker Solutions will own 20 percent of the new company and receive a total consideration of US$700 million in the deal. Aker Solutions, SLB and Subsea7 today announce the final …

The Subsea Services Alliance, a contractual collaboration between Helix Energy Solutions Group, Inc. (NYSE: HLX) and Schlumberger, today announced the launch of the development of the first Riserless Open-water Abandonment Module (ROAM). The 18¾-in. large bore system will enhance well abandonment capacity from a well intervention vessel by allowing tubing …

Statoil Petroleum AS has signed Master Service Agreements with Aker Solutions ASA and OneSubsea Processing AS. The agreements signed form the basis for potential new EPC contracts (engineering, procurement and construction) for subsea equipment in the medium term future. An EPC option agreement for subsea production system (SPS) has also …

Schlumberger Limited and Cameron today jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies. – Offers new growth opportunities by creating the industry’s first complete drilling and production …

OneSubsea®, a Cameron and Schlumberger company, announced today that they have signed an agreement establishing a worldwide non-incorporated alliance with Subsea 7 to jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface expertise, subsea production systems (SPS), subsea processing systems, subsea umbilicals, risers and flowlines …

OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea …

Cameron and Schlumberger today announced that OneSubsea, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals.  The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership …

The European Commission has approved under the EU Merger Regulation the proposed creation of a joint venture combining the subsea businesses of Cameron of the US and Schlumberger of the Netherlands. Cameron manufactures and supplies technical products for the oil and gas industries, such as drilling systems, valves, etc. Schlumberger …