SLB to Help Dust Off Canadian, Norwegian Projects

May 6, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A group of upstream services firms, led by SLB (NYSE:SLB) (Houston, Texas), said it signed long-term agreements to help develop prospective reserves in the Barents Sea and in the Atlantic waters off Canada.

SLB, formerly Schlumberger, said it signed a long-term collaboration agreement with Norwegian energy company Equinor (NYSE:EQNR) (Stavanger, Norway) and the Subsea Integration Alliance, a group made up of counterparts OneSubsea and Subsea 7, for work off Norway and Canada.

Other companies featured: Trans Mountain Corporation and Cenovus Energy Incorporated (NYSE:CVE).