Aker Solutions, SLB and Subsea7 announce closing of the OneSubsea joint venture
October 2, 2023 — OneSubsea’s leading technology portfolio will drive improved subsea asset performance while increasing energy efficiency and reducing CO2 emissions. Aker Solutions will own 20 percent of the new company and will receive a total consideration of USD 700 million as part of the transaction.Aker Solutions, SLB and Subsea7 announce today the final closing of their previously announced subsea joint venture. The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time.