SLB OneSubsea awarded subsea boosting contract by Petrobras for the Búzios field, offshore Brazil
Schlumberger N.V. (SLB)
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Source: Business Wire
Subsea raw water injection systems will improve field development economics and reduce carbon footprint HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw seawater injection (RWI) systems to increase recovery from the prolific Búzios field.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212795762/en/Under the contract, SLB OneSubsea will provide two complete subsea RWI systems to support Petrobras’ FPSOs P-74 and P-75, and they will each consist of a subsea seawater injection pump, umbilical system and topside variable speed drive. (Photo: Business Wire)The subsea RWI systems will help to increase the production of floating production storage and offloading (FPSO) vessels, which are currently bottlenecked in their water injection capacities. Once operational, the RWI
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News
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- Schlumberger Limited (NYSE: SLB) had its price target lowered by analysts at Stifel Nicolaus from $60.00 to $59.00. They now have a "buy" rating on the stock.MarketBeat
- Schlumberger Limited (NYSE: SLB) was downgraded by analysts at Griffin Securities from a "buy" rating to a "neutral" rating.MarketBeat
- Schlumberger Limited (NYSE: SLB) was upgraded by analysts at Piper Sandler to a "hold" rating.MarketBeat
- Schlumberger Limited (NYSE: SLB) had its price target lowered by analysts at Citigroup Inc. from $53.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
SLB
Earnings
- 10/18/24 - Beat
SLB
Sec Filings
- 12/20/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- SLB's page on the SEC website