By William Collins, consultant in financial affairs – Eurasia Business News, August 25, 2025. Article no. 1736
SLB’s OneSubsea joint venture has secured an engineering, procurement, and construction (EPC) contract with Equinor for the Fram Sør project in the North Sea, reported a press release. Under this contract, SLB OneSubsea will deliver four subsea templates and 12 all-electric subsea trees.
This marks the first large-scale all-electric subsea production system, eliminating the need for hydraulic fluid supplied by the host platform and minimizing topside modifications.
This approach provides a cost-effective solution while allowing more space on the platform for future expansions.
The contract follows a year-long Front-End Engineering Design (FEED) phase jointly developed by Equinor and SLB OneSubsea, leading to the project’s final investment decision (FID).
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