SLB's OneSubsea Wins ExxonMobil Subsea Contract for Mozambique's Rovuma LNG Phase 1

SLB N.V. (NYSE: SLB) said Sept. 29 its OneSubsea joint venture was awarded a contract by ExxonMobil Moçambique to supply subsea production systems for Phase 1 of the offshore Rovuma LNG project in Mozambique. The award covers engineering, procurement, manufacturing and installation of subsea trees, manifolds, umbilicals and control systems for deepwater production. SLB OneSubsea will also establish a services base in Mozambique to support regional operators, local training and supply chains. SLB shares closed at $51.49 on Sept. 28, down 0.10%.