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Schlumberger has announced the award of a 20-year subsea equipment and services master contract for subsea development projects in the Gulf of Mexico by Chevron.

The combination of this master contract with a preapproved catalogue of standard subsea equipment is believed will enable Chevron to decrease operating costs in its subsea projects.

The provision of a OneSubsea custom catalogue of equipment will also, include innovative technologies that meet Chevron’s project requirements, including high-temperature projects or high-pressure projects requiring equipment that can withstand up to 20,000 psi.

 “We look forward to continuing our technology collaboration with Chevron to optimize project efficiency and reduce cycle times in its future Gulf of Mexico subsea projects, from concept through life-of-field services” said Don Sweet, president, OneSubsea.

The equipment in the OneSubsea catalogue includes multiphase boosting systems and flowmeters, subsea production trees, manifolds, controls and connections systems.

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