The Cameron and Schlumberger company said both agreements, which are five-year global frame agreements, have been 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.
Mike Garding, chief executive of OneSubsea, said:“This is a positive step for the industry, demonstrating how successful collaboration between operators and suppliers can reduce cost and schedules through standardization.
“BP has been a driving force in progressing a philosophy of supplier-led solutions, where standard designs, quality, and materials are aligned with its functional specifications.”
The Original Posted by Written by Niamh Forrest/Energy Voice