OneSubsea | |
Type: | Public |
Traded As: | S&P 500 component Fortune 500 |
Industry: | Oilfield services & equipment |
Foundation: | November 15, 2012 |
Hq Location: | Houston, Texas, US |
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, 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.
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]