SLB OneSubsea Secures Major EPC Contract for Baleine Phase 3

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Image Courtesy: SLB OneSubsea

SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has been awarded a significant engineering, procurement, and construction (EPC) contract by Eni for Phase 3 of the Baleine deepwater development offshore Côte d’Ivoire. The award reinforces SLB OneSubsea’s position as a strategic subsea technology partner for large-scale offshore developments and highlights the company’s ability to deliver integrated solutions for complex, multi-well projects. Under the contract, SLB OneSubsea will provide complete subsea production systems for 13 wells, including subsea trees, umbilicals, manifolds, multiphase flowmeters, and control systems, along with installation, commissioning, and life-of-field support.

The project is expected to leverage SLB OneSubsea’s integrated execution model, advanced subsea technologies, and established regional capabilities to support efficient delivery and help accelerate production from one of West Africa’s most important offshore energy developments.

“Baleine Phase 3 demonstrates the value of combining advanced technology, local expertise, and disciplined project execution,” said Mads Hjelmeland, Chief Executive Officer of SLB OneSubsea. “This award reflects the confidence customers place in our ability to deliver reliable subsea solutions at scale while supporting long-term resource development.”

The contract further strengthens SLB OneSubsea’s subsea portfolio and supports SLB’s strategy of delivering technology-driven solutions that improve operational efficiency, enhance production performance, and create sustainable value for customers and stakeholders. SLB OneSubsea will execute the project through its global subsea expertise and in-country capabilities, supporting Eni’s development objectives and Côte d’Ivoire’s continued growth as an offshore energy producer.

SLB (NYSE: SLB) is a global technology company driving energy innovation for more than 100 years. With operations in more than 100 countries, SLB develops technologies and delivers solutions that improve energy production, enable digital transformation, support industrial decarbonization, and accelerate new energy systems.

SLB OneSubsea is a global subsea technology provider focused on delivering innovative solutions that optimize offshore production, reduce operational emissions, and advance the future of subsea energy development. The joint venture, backed by SLB, Aker Solutions, and Subsea7, combines decades of subsea expertise with digital and engineering capabilities to support customers worldwide.