SLB, Petronas Suriname, Subsea Alliance Collaborate

SLB, a global energy technology company, has announced a strategic collaboration agreement with Petronas===Petronas Suriname E&P B.V., a subsidiary of Petronas, and Subsea Integration Alliance, which includes SLB===SLB OneSubsea and Subsea7. This partnership aims to unlock resources in Suriname's emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle, enabling early involvement to co-develop and co-create cost-effective solutions, accelerate field development, and enhance project economics. Subsea Integration Alliance may provide full engineering, procurement, construction, installation, and commissioning (EPCIC) solutions for multiple discoveries in Suriname, covering subsea production systems (SPS) as well as subsea umbilical, riser, and flowlines (SURF) components. This collaboration is seen as a significant step for developing opportunities in Suriname's frontier basins, leveraging combined deepwater expertise to maximize value and secure vital energy resources.