StocksMedium•1 October 2026•
1 min read

SLB OneSubsea Secures Major Subsea Production Systems Contract in Mozambique

Key Facts

1SLB OneSubsea has secured a major contract to provide subsea production systems for the Rovuma LNG project in Mozambique.

SLB OneSubsea has secured a major contract to provide subsea production systems for the Rovuma LNG project in Mozambique. Zacks reported that the deal aims to develop natural gas reserves in the Rovuma Basin, strengthening the company's portfolio in regional deepwater energy infrastructure.

The project represents an expansion of SLB's joint venture into strategic growth markets. In the context of global economic indicators, data released on September 25, 2026, showed mixed consumer sentiment, with the Michigan Consumer Sentiment index in the US reaching 48.1 while Germany recorded -30.6 on the same date.