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Chevron awards Schlumberger 20-year contract for offshore projects in Gulf of Mexico

Oil giant Chevron has awarded Schlumberger a 20-year equipment and service contract for offshore projects in Gulf of Mexico. The two companies announced the deal early Tuesday afternoon. Schlumberger will be providing underwater equipment and services for Chevron's offshore projects in the gulf….Schlumberger's "OneSubsea" equipment will have to perform under high temperatures and pressures - in some cases up to 20,000 psi several thousand feet below the ocean floor.

"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," OneSubsea President Don Sweet said….

Houston Chronicle July 23, 2019
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