SLB (NYSE: SLB) has been awarded a contract by Equinor ASA (NYSE: EQNR) to deliver the front-end engineering design (“FEED”) for an innovative all-electric subsea project in Norwegian waters. The project marks a notable advancement in subsea technology, focusing on electrification to enhance efficiency and production capabilities. It will be carried out by SLB OneSubsea, a joint venture supported by SLB, Aker Solutions and Subsea7, with headquarters in Oslo and Houston. Per the agreement, SLB will oversee the FEED for a 12-well, all-electric subsea production systems project located in the Fra…