OneSubsea Signs two Frame Agreements with BP

Friday, March 18, 2016

OneSubsea, a Cameron and Schlumberger company, signed two five-year global frame agreements (GFA) with BP to provide EPC of Subsea Production Systems (SPS) and Subsea Aftermarket Services.

Continuing the long-established success of previous supply agreements with BP, both GFAs have been specifically designed and formulated to accommodate supplier-led solutions. The agreements provide a framework for worldwide supply of SPS technology and subsea aftermarket services, including service personnel and rental equipment.

The framework agreement follows the news that BP and DEA awarded the company a contract for the supply of subsea production systems for Egypt’s West Nile Delta Giza/Fayoum and Raven fields.

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