EnergyWatch

Subsea 7 and Schlumberger bag major contract in Africa

The two oil service companies Subsea 7 and Schlumberger have, through their collaboration Subsea Integration Alliance, won a substantial contract in Africa.

Photo: Subsea 7

Norway's Subsea 7 and Schlumberger have secured a substantial contract in Africa worth as much as USD 300 million.

The contract is awarded to Subsea 7 and Schlumberger's collaboration in Subsea Integration Alliance by London-listed oil and gas company Ophir Energy, which works in Africa and Asia on the so-called Fortuna LNG project in Equatorial Guinea.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Welcon's record revenue shaves paper-thin profit margin

State-subsidized steel from China is making the Danish wind turbine tower supplier's profit bottom out. If the EU doesn't decide to impose a tariff on Chinese steel this year, Welcon predicts that several suppliers will collapse. "But it won't be us," the CEO says.

Further reading

Related articles

Trial banner

Latest News

See all jobs