SLB and Petronas Suriname Sign Agreement for Subsea Solutions in Frontier Basin
Type: Partnership · Technology: Oil Gas · Country: Suriname · Announced: 2026-04-07
SLB and Petronas Suriname have entered into an agreement to collaborate on unlocking resources in Suriname's emerging frontier basin. The partnership, involving Subsea Integration Alliance (comprising SLB OneSubsea and Subsea7), establishes a long-term framework for cooperation across the project lifecycle. This approach allows for early involvement to co-develop and co-create cost-effective subsea solutions, aiming to accelerate field development and enhance project economics. Under this framework, Subsea Integration Alliance may provide full EPCIC solutions for multiple discoveries, including subsea production systems and SURF components.
Counterparties
- SLB OneSubsea (Partner)
- SLB (Partner)
- Petronas Suriname (Partner)
- Subsea7 (Partner)
- Subsea Integration Alliance (Partner)