Fossil Energy – Suriname
SLB and Subsea7 signed a strategic collaboration agreement between Petronas Suriname.
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. This approach enables early involvement to co-develop and co-create cost-effective solutions, accelerate field development, and enhance project economics.
“Collaboration and simplification are key to unlocking resources faster,” said Mads Hjelmeland, chief executive officer of SLB OneSubsea. “This agreement strengthens our long-standing relationship with Petronas Suriname and enables us to align on shared goals to improve project performance, enhance safety, and deliver sustainable outcomes.”
Under this framework, Subsea Integration Alliance may provide full engineering, procurement, construction, installation, and commissioning (EPCIC) solutions for multiple discoveries in Suriname.
The scope includes subsea production systems (SPS) as well as subsea umbilical, riser, and flowlines (SURF) components.
