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ImportantSLB
Explain this story: ExxonMobil awards SLB OneSubsea contract for Area 4 deepwater Mozambique LNG project
SLB OneSubsea has been awarded a contract by ExxonMobil to supply subsea production systems for the first phase of the Area 4 offshore Rovuma LNG development in Mozambique. This contract marks a significant step for the Area 4 project, which aims to develop deepwater gas fields in the Rovuma Basin. SLB OneSubsea will also establish a local services base to support the project and foster regional supply chain development and employment opportunities.
OtherOffshore MagazineSector and industry: EnergyOil & Gas Equipment & ServicesTell me moreShow less
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SLB OneSubsea has been awarded a contract by ExxonMobil to supply subsea production systems for the first phase of the Area 4 offshore Rovuma LNG development in Mozambique. This contract marks a significant step for the Area 4 project, which aims to develop deepwater gas fields in the Rovuma Basin. SLB OneSubsea will also establish a local services base to support the project and foster regional supply chain development and employment opportunities.
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Company newsSLB
Explain this story: Is SLB (NYSE:SLB) Stock Worth Watching Today?
SLB (NYSE:SLB) is currently in focus due to oilfield activity amidst easing crude prices and moderating supply concerns. The article emphasizes that the broader market remains selective, prioritizing business quality and consistent operations, making company-specific execution crucial for oil and gas stocks. Future clarity on SLB's performance will depend on upcoming company communications regarding demand, operations, and sector conditions.
OtherKalkine MediaSector and industry: Energy
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