Key Takeaways SLB OneSubsea won an EPC contract from Equinor for the Fram Sor offshore Norway project.The award includes four subsea templates and 12 all-electric subsea trees.Fram Sor ties back to Troll C platform, enabling ultra-low emissions production.SLB (SLB) , through its OneSubsea joint venture, has been awarded a major engineering, procurement, and construction (EPC) contract by Equinor ASA (EQNR) for the Fram Sør field development offshore Norway. The project marks a milestone in subsea electrific ...

Group 1 - Equinor ASA has awarded a sizeable EPCIC contract to Aker Solutions for the Fram Sør subsea development, marking a significant step in enhancing gas supply to Europe [1][2][9] - The contract value is estimated between NOK 0.5 billion and NOK 1.5 billion ($49-$150 million), with work already commenced and first production targeted for the end of 2029 [2][9] - The Fram Sør project will utilize existing infrastructure, with plans to develop 12 wells and additional slots for future development in the Fram/Troll area [3][5][9] Group 2 - Aker Solutions will lead the project execution from its Bergen office, with support from its Mumbai team, handling detailed engineering and procurement [4] - Equinor holds a 45% stake in the Fram Sør project, with Vår Energi and Inpex Idemitsu Norge holding 40% and 15% stakes, respectively [5]