SLB, PETRONAS, Subsea7 Suriname Collaboration
Analysis based on 8 articles · First reported Apr 07, 2026 · Last updated Apr 08, 2026
The collaboration agreement between SLB, Petronas, and Subsea 7 is expected to positively impact the energy services and oil and gas sectors by accelerating subsea development in Suriname. This partnership could lead to increased revenue and market share for the involved companies, while also securing vital energy resources for Suriname.
SLB, a global energy technology company, announced a strategic collaboration agreement with Petronas, a subsidiary of Petronas, and Subsea Integration Alliance, which includes SLB — OneSubsea and Subsea 7. This partnership aims to unlock resources in Suriname's emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle, enabling early involvement to co-develop and co-create cost-effective solutions, accelerate field development, and enhance project economics. Under this framework, Subsea Integration Alliance may provide full engineering, procurement, construction, installation, and commissioning (EPCIC) solutions for multiple discoveries in Suriname, covering subsea production systems (SPS) and subsea umbilical, riser, and flowlines (SURF) components. Mads Hjelmeland, CEO of SLB — OneSubsea, and Olivier Blaringhem, CEO of Subsea Integration Alliance, both emphasized the importance of this collaboration for improving project performance, enhancing safety, and delivering sustainable outcomes in the region.
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