OneSubsea Scoops $330 Mln Contract Off North Africa

OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa.

Under the new contract, the scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services.

According to the company,deliveries are expected to begin in Q3 2016.

“The award represents phase two of this development and is the largest award for a subsea production system within the North Africa region to date,” said Cameron Chairman and Chief Executive Officer, Jack Moore.

“Having already supplied the first phase of this development, OneSubsea now looks forward to progressing with this second phase.”