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SLB's OneSubsea JV Awarded Two Sizeable Engineering, Procurement, And Construction Contracts From PTTEP To Provide Subsea Production Systems Offshore Malaysia

Author: Benzinga Newsdesk | October 30, 2025 07:40am

Global energy technology company SLB (NYSE: SLB) announced today the award of two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) to its OneSubsea™ joint venture. The contracts build on a 20-year collaboration between the two companies and cover the expansion of two fields offshore Malaysia.

As part of the EPC contracts, SLB OneSubsea will deliver comprehensive subsea production systems (SPS) for the Alum, Bemban, and Permai deepwater gas fields located in Block H and the Kikeh field, Malaysia's first deepwater oil project. The scope includes horizontal subsea trees, umbilicals, control systems, and associated services.


 

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