HOUSTON -- Global energy technology company SLB (NYSE: SLB) announced that its SLB OneSubsea joint venture was awarded a contract by Beacon Offshore Energy (BOE) Exploration and Production LLC to deliver a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah field in the Gulf of America.

The award reflects continued investment in deepwater developments, where advanced subsea systems are being applied to improve recovery. SLB OneSubsea’s HPHT multiphase boosting system is engineered to operate reliably above 15,000 psi, addressing operating conditions that exceed the limits of conventional subsea solutions.

“Our engagement with BOE began in January 2025, enabling us to design a subsea boosting solution tailored to the field’s operating conditions,” said Andreas Fjellbirkeland, vice president, Processing Systems, SLB OneSubsea. “As operators continue to invest in deepwater projects in the Gulf of America, this type of technology plays a critical role in accelerating production and improving recovery.”

Key points

· SLB OneSubsea has been awarded a contract by BOE Exploration & Production LLC to deliver a multiphase boosting system for the Shenandoah field in the Gulf of America
· The system is engineered to reliably operate above 15,000 psi, surpassing conventional subsea solutions and addressing advanced HPHT field demands
· SLB OneSubsea’s processing technology supports enhanced oil recovery, faster production, and increased field value for BOE