OneSubsea to supply subsea trees for Shah Deniz 2

OneSubsea, a Cameron (NYSE: CAM) and Schlumberger (NYSE:SLB) company, has won a contract totaling more than $60 million for the BP-operated Shah Deniz 2 development the Azeri sector of the Caspian Sea.

Jun 26th, 2015

Offshore staff

HOUSTONOneSubsea, a Cameron (NYSE: CAM) and Schlumberger (NYSE:SLB) company, has won a contract totaling more than $60 million for the BP-operated Shah Deniz 2 development the Azeri sector of the Caspian Sea.

The contract scope includes the supply of the second of three planned batches of subsea production trees and ancillaries. Deliveries are expected to start in 2016.

“These high-pressure trees are based on the tree technology supplied for theBP Isabela project in the Gulf of Mexico,” said Mike Garding, OneSubsea CEO.

06/26/2015

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