Founded and owned by SLB, Aker Solutions, and Subsea7, the joint venture brings together industry leaders that are pioneering the future of the global subsea energy industry and innovating for reducing emissions in the oil and gas industry.
SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.
Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 14,000 people in more than 20 countries.
Subsea7 is a global leader in the delivery of offshore projects and services for the energy industry. Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy. The company employs over 14,000 people and operates in more than 30 countries.
This new organization brings together deep reservoir domain and engineering design expertise, an extensive field-proven subsea production and processing technology portfolio, world-class manufacturing scale and capabilities, and a comprehensive suite of life-of-field solutions to customers all over the world.
We will help our customers unlock reserves, reduce time to first oil and lower development costs, while simultaneously enabling them to deliver on their emission reduction objectives.
Read moreSLB, Aker Solutions and Subsea7 have formed this joint venture to deliver a step change in subsea production economics.
The joint venture is comprised of the subsea businesses of SLB and Aker Solutions. OneSubsea is headquartered in Oslo, Norway, and Houston, Texas, with people in all key operating regions around the world. SLB holds a 70% equity stake in the joint venture, with Aker Solutions and Subsea7 holding 20% and 10% respectively.
Read moreWe can show you more examples of how our solutions have delivered real value for customers around the world.