SLB OneSubsea, a joint venture that includes SLB and Subsea7, have been awarded a “sizeable” contract for integrated engineering, procurement, construction and installation (EPCI) by OKEA.
The contract will see the partnership develop the Bestla Project (formerly known as Brasse) in the North Sea, offshore Norway, to accelerate the subsea tieback delivery to aging platforms for profitable and sustainable marginal field development.
The field is estimated to contain 24 MMboe, of which two-thirds is oil, and the remaining one-third is gas and natural gas liquids. First oil is targeted for fourth-quarter 2026.