BG grants 10-year equipment framework to new firm, OneSubsea

OneSubsea, a Cameron and Schlumberger company, has signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services.

The deal, announced 23 October, is a boost for the new company, which was formed in June last year and is 60/40 owned by Cameron and Schlumberger.

OneSubsea said the agreement establishes a framework for BG to “pursue a standardized approach to subsea production technology and services for their new field development portfolio on a worldwide basis”.

“We are extremely pleased to be collaborating with BG Group to support their subsea field development objectives on a global scale,” said OneSubsea chief executive Mike Garding.

“Through this long-term framework agreement, OneSubsea will engage the competencies of our Integrated Solutions team, providing engineering expertise, reliable field-proven technology, and aftermarket services to meet BG’s new development goals. Having supplied more than 100 trees to-date, this further cements our well-established relationship with BG.”