SLB has announced that its OneSubsea joint venture has been awarded an EPC contract by PTTEP Sabah Oil Limited, a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP). The contract expands SLB OneSubsea’s role in delivering integrated subsea production systems (SPS) for PTTEP’s deepwater portfolio offshore Malaysia and marks the third major SPS award from PTTEP in the past 12 months.
Under the EPC contract, SLB OneSubsea will supply subsea production system equipment for the second development phase of the Kikeh 3B project, including three subsea trees, a manifold, a subsea distribution unit and integrated control systems, along with project management and associated services. Project execution is scheduled for 2026 and 2027 and will be supported by SLB OneSubsea’s manufacturing and service facilities in Malaysia.
Building on its long standing collaboration with PTTEP, the project supports the continued development of Malaysia’s deepwater resources. With more than two decades of experience supporting PTTEP’s subsea projects, SLB OneSubsea is positioned to deliver integrated execution across the recent contract awards.
The Kikeh field, Malaysia’s first deepwater oil and gas development, has been in production since 2007 when the first subsea tree manufactured by SLB OneSubsea in Malaysia was deployed.
SLB OneSubsea continues to work with PTTEP to expand production at water depths of 1300 to 1400 meters while supporting local manufacturing of subsea equipment, strengthening regional supply chains and developing technical capabilities in Malaysia.
Source: Slb