OneSubsea Wins $500m Contract for Chevron Rosebank

OneSubsea has received an order from Chevron totaling more than $500 million to supply subsea equipment for the Rosebank development in the UK North Sea, West of Shetland. The scope of supply includes vertical monobore subsea trees with retrievable process modules, 6-slot manifolds, and production control systems. This is the first major award for OneSubsea.

This order also includes project management, design, procurement, manufacture, testing, tooling, spares, installation and commissioning, and start up. Deliveries are expected to start in 2014.

OneSubsea Chief Executive Officer, John Carne said, “With the recent creation of OneSubsea, I am pleased to announce this major award with Chevron. We have a successful history in the West of Shetland area due to our UK manufacturing capabilities and years of significant experience.”

OneSubsea has a long history of supplying the UK North Sea region, dating back to the 1970s. Over the years, OneSubsea has supplied subsea trees, manifolds, pumps, control systems and associated equipment, for the harsh environment to a variety of fields, including the West of Shetland developments.