OneSubsea

OneSubsea
Public
Traded as NYSE: SLB
S&P 500 component
Fortune 500
Industry Oilfield services & equipment
Founded 2013
Headquarters Houston, Texas
Number of locations
Houston, Texas, United States, Bergen, Norway
Area served
Worldwide
Key people
Scott Rowe, Group President,
Mike Garding, Managing Director [1]
Products Integrated Solutions, Production Systems, Processing Systems, Control Systems, Swivel and Marine Systems, Subsea Services
Revenue $2 Billion USD (2014) [2]
Parent Schlumberger
Website onesubsea.slb.com

OneSubsea is a Schlumberger company, headquartered in Houston, Texas. The company is a subsea supplier[3] and delivers solutions and services for the subsea oil and gas market.

OneSubsea has more than 5,000 employees in over 23 countries operating in six divisions - Integrated Solutions, Production Systems, Processing Systems, Control Systems, Swivel and Marine Systems, and Subsea Services – that provide products and services to oil and gas operators around the world including the FRIEND Remote Surveillance & Diagnostic System.[4]

History

The integration of Cameron subsea section and Schlumberger-owned Framo Engineering in 2013 formed Onesubsea as a 60% Cameron and 40% Schlumberger joint venture. This cooperation, finally led to major acquisition of Cameron and OneSubsea in a $14.8 billion deal in late 2015.[5][6][7]

Shell Stones

In August 2015, it was announced that OneSubsea was awarded a contract to supply subsea processing systems for the Shell Offshore Inc. Stones development in the Gulf of Mexico. The project was deemed the industry's first 15000-PSI (super high pressure) subsea pump system with high capacity.[8][9][10]

Business alliance

See also

References

  1. "Mike Garding Chief Executive Officer". OneSubsea. Retrieved 30 March 2016.
  2. "Cameron Announces Results For Third Quarter Of 2015". Cameron- SLB investors center. Cameron. Retrieved 30 March 2016.
  3. "Statoil signing new agreements with OneSubsea and Aker Solutions". Statoil official website. Retrieved 11 March 2016.
  4. "About OneSubsea". Retrieved 11 March 2016.
  5. "Schlumberger to Buy Cameron in $14.8 Billion Deal". Fox business. Retrieved 15 March 2016.
  6. "OneSubsea's Importance in the Schlumberger-Cameron International Deal". Market Realist. Retrieved 16 March 2016.
  7. Chamberlin, Alex. "OneSubsea's Importance in the Schlumberger-Cameron International Deal". Yahoo Finance. Yahoo. Retrieved 18 March 2016.
  8. "ONESUBSEA TO SUPPLY INDUSTRY'S FIRST 15,000-PSI SUBSEA PUMP SYSTEM". GCE Subsea. Retrieved 15 March 2016.
  9. "Capacity is the biggest challenge". Underwater Technology Conference. Retrieved 15 March 2016.
  10. "OneSubsea awarded contract for Shell Offshore development". Energy Global Oilfield Technology. Retrieved 15 March 2016.
  11. "COMPANY BIO- OneSubsea". Oil PRO. Retrieved 15 March 2016.
  12. "BRIEF-Subsea 7 and OneSubsea in global alliance". Reuters. Retrieved 15 March 2016.
  13. "Subsea 7 teams up with OneSubsea for SPS and SURF solutions". Offshore Energy Today. Retrieved 15 March 2016.
  14. "OneSubsea, Subsea 7 form alliance". OE Offshore Engineer. Retrieved 15 March 2016.


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