Snapshot from Aug 06, 2026 at 07:00 UTC. For live data and tracking: View Live
Business EPC contract award

SLB OneSubsea Baleine Phase 3 EPC

Analysis based on 7 articles · First reported Jul 13, 2026 · Last updated Jul 20, 2026

Sentiment
40
Attention
3
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The contract strengthens SLB's position in West Africa and supports its subsea segment revenue. Eni's accelerated development of Baleine Phase 3 boosts Ivory Coast's energy output and may attract further investment in the region.

Oil and Gas Energy Equipment & Services

Eni has awarded SLB SLB — OneSubsea a major engineering, procurement, and construction (EPC) contract for Phase 3 of the deepwater Baleine project offshore Ivory Coast. The contract covers subsea production systems for 13 wells, including subsea trees, umbilicals, manifolds, flowmeters, and control systems, along with installation, commissioning, and life-of-field support. Phase 3, approved in May 2026, is expected to increase oil production from 60,000 to 150,000 barrels per day and gas output from 80 to 200 million cubic feet per day. SLB SLB — OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea 7, will leverage its local presence in Ivory Coast to support the accelerated development schedule. The Baleine field, discovered in 2021, is the largest hydrocarbon find in Ivory Coast and began production in August 2023.

90 Eni awarded contract SLB — OneSubsea
80 Eni approved investment decision
stock
Eni awarded the contract and is advancing Phase 3 of Baleine, increasing production and strengthening its position in West Africa.
Importance 90.0 Sentiment 60.0
subs
SLB — OneSubsea is the direct contractor for the subsea production systems, benefiting from the contract and demonstrating its integrated delivery capabilities.
Importance 85.0 Sentiment 55.0
stock
SLB's SLB — OneSubsea joint venture secured a major EPC contract, reinforcing its role in deepwater projects and potentially boosting its revenue and market share.
Importance 80.0 Sentiment 50.0
cnt
The Baleine development boosts Ivory Coast's oil and gas production, supporting domestic energy supply and economic growth.
Importance 70.0 Sentiment 65.0
stock
As a joint venture partner in SLB — OneSubsea, Aker Solutions shares in the contract's benefits.
Importance 40.0 Sentiment 30.0
stock
As a joint venture partner in SLB — OneSubsea, Subsea 7 shares in the contract's benefits.
Importance 40.0 Sentiment 30.0
priv
Petroci is a consortium partner in the Baleine project, benefiting from the field's expansion.
Importance 30.0 Sentiment 40.0
priv
Vitol is a consortium partner in the Baleine project, benefiting from the field's expansion.
Importance 30.0 Sentiment 40.0
per
Mads Hjelmeland, CEO of SLB SLB — OneSubsea, announced the contract and highlighted the project's scale and execution certainty.
Importance 20.0 Sentiment 0.0
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