Equinor Awards North Sea Subsea Contract to SLB OneSubsea

Schlumberger Limited (NYSE:SLB) is one of the best dividend stocks to buy. On August 25, SLB announced that OneSubsea, its joint venture, landed a project contract from Equinor covering design, supply, and construction of a 12-well subsea system in Norway’s Fram Sør field. After a year of early engineering and planning with Equinor, SLB OneSubsea completed the design and investment choice. It will now deliver four subsea structures and 12 fully electric subsea trees, which do away with hydraulic fluid and ...