SLB Awarded Contract By TotalEnergies For 13-Well Subsea Production System In Kaminho Project Offshore Angola; Project To Be Developed In Two Phases For Cameia And Golfinho Discoveries
Portfolio Pulse from Benzinga Newsdesk
SLB has been awarded a contract by TotalEnergies for a 13-well subsea production system in the Kaminho Project offshore Angola. The project will be developed in two phases for the Cameia and Golfinho discoveries.
July 03, 2024 | 1:01 pm
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POSITIVE IMPACT
SLB has secured a significant contract from TotalEnergies for a 13-well subsea production system in the Kaminho Project offshore Angola. This contract is expected to boost SLB's revenues and strengthen its market position in the oil and gas sector.
The contract from TotalEnergies is a significant win for SLB, likely to enhance its revenue streams and market presence in the oil and gas industry. The development of the project in two phases indicates a long-term engagement, which is positive for SLB's financial outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
TotalEnergies has awarded a contract to SLB for a 13-well subsea production system in the Kaminho Project offshore Angola. This project is part of TotalEnergies' ongoing efforts to develop the Cameia and Golfinho discoveries, potentially increasing its production capacity.
The contract awarded to SLB is a strategic move by TotalEnergies to develop its Cameia and Golfinho discoveries. This project is likely to enhance TotalEnergies' production capacity and contribute positively to its revenue growth.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 80