OneSubsea
Company type | Public |
---|---|
NYSE: SLB S&P 500 component Fortune 500 | |
Industry | Oilfield services & equipment |
Founded | November 15, 2012 |
Headquarters | Houston, Texas, US |
Number of locations | Houston, Texas, US Bergen, Norway Celle, Germany Leeds, England, UK Aberdeen, Scotland, UK Barrow-in-Furness, England |
Area served | Worldwide |
Key people | Mike Garding, Managing Director[1] |
Products | Integrated Solutions[buzzword], Production Systems, Processing Systems, Control Systems, Swivel and Marine Systems, Subsea Services |
Revenue | $2 Billion USD (2014)[2] |
Parent | Schlumberger |
OneSubsea is a Schlumberger company, headquartered in Houston, Texas, United States. The company is a subsea supplier[3] for the subsea oil and gas market.
History
[edit]In November 2012, Cameron International and Schlumberger announced that they were forming a Joint venture called OneSubsea. Cameron would manage OneSubsea with a 60% interest, with Schlumberger retaining 40%.[4][5]
In January 2015, Helix, OneSubsea and Schlumberger formed the Subsea Services Alliance to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems.[6]
In July 2015, Subsea 7 and OneSubsea entered into an agreement to form a non-incorporated alliance. The alliance was formed to focus on subsea production systems (SPS) and subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF), and life-of-field services.[7][8]
In August 2015, OneSubsea was awarded a contract to supply subsea processing systems for Shell's Stones development in the Gulf of Mexico.[9]
Schlumberger announced in August 2015 that it was acquiring Cameron and OneSubsea for $14.8 billion.[10]
See also
[edit]References
[edit]- ^ "Mike Garding Chief Executive Officer". OneSubsea. Archived from the original on 9 May 2015. Retrieved 30 March 2016.
- ^ "Cameron Announces Results For Third Quarter Of 2015". Cameron- SLB investors center. Cameron. Retrieved 30 March 2016.[permanent dead link]
- ^ "Statoil signing new agreements with OneSubsea and Aker Solutions". Statoil official website. Retrieved 11 March 2016.
- ^ Chamberlin, Alex (17 September 2015). "OneSubsea's Importance in the Schlumberger-Cameron International Deal". Yahoo Finance. Yahoo. Retrieved 18 March 2016.
- ^ "Cameron, Schlumberger form Subsea JV". Offshore Engineer. November 19, 2012.
- ^ "Helix and OneSubsea and Schlumberger Execute Subsea Well Intervention Alliance Agreement". Retrieved 20 September 2023.
- ^ "Brief-Subsea 7 and OneSubsea in global alliance". Reuters. 13 July 2015. Retrieved 15 March 2016.
- ^ "OneSubsea, Subsea 7 form alliance". OE Offshore Engineer. 13 July 2015. Retrieved 15 March 2016.
- ^ "OneSubsea to supply subsea processing systems for Shell's Stones development in Gulf of Mexico". Offshore Technology. August 20, 2015.
- ^ "Schlumberger to Buy Cameron in $14.8 Billion Deal". Fox business. 5 January 2016. Retrieved 15 March 2016.