Standardised system solution supports efficiency gains and shorter delivery timelines

HOUSTON, June 8, 2026 — Global energy technology company SLB (NYSE: SLB) today announced that its OneSubsea™ joint venture has been awarded a contract by bp to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of the Gulf of America.

This engineering, procurement and construction (EPC) contract for Thunder Horse follows recent subsea boosting contract awards for bp’s Kaskida and Tiber developments. All three projects leverage the same supplier-led, standardized subsea boosting system solution, which helps improve execution efficiency and shorten delivery times.

As part of the EPC contract, SLB OneSubsea will deliver a subsea boosting system, alongside associated project management, engineering, manufacturing, and testing required for execution.

“Subsea boosting is an important enabler for extending production from existing assets,” said Mads Hjelmeland, CEO of SLB OneSubsea. “Our standardized subsea solutions support faster deployment and improved efficiency, helping operators enhance production and recovery while optimizing overall field performance.”

Key points

• SLB OneSubsea has been awarded a contract by bp to deliver a subsea boosting system for the Thunder Horse development in the Gulf of America
• The award builds on recent subsea boosting contracts for bp’s Kaskida and Tiber developments, leveraging the same standardized high-pressure system solution
• SLB OneSubsea’s processing technology increases production and improves recovery, while the standardized approach enables faster deployment and greater operational efficiency