To The Moon

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

SLB said Monday that its OneSubsea joint venture won a contract from BP to provide a subsea boosting system for the Thunder Horse development in the Gulf of America.The engineering, procurement and construction contract follows recent awards to OneSubsea for BP's Kaskida and Tiber projects, with all three developments using the same standardized subsea boosting system designed to improve execution efficiency and reduce delivery times, it said.Under the agreement, OneSubsea will supply the subsea boosting system and provide associated project management, engineering, manufacturing and testing services, it said.

0439 GMT - DBS Group could declare a special dividend per share of around 92.6 Singapore cents for end-2027, CGS International analysts say in a note. The Singapore bank has not made progress on its 3 billion Singapore dollars share buyback program since July 2025, they note. DBS has bought back and cancelled around S$371.3 million worth of shares so far, they say. Management said that any remaining amounts unutilized under the program could be returned to shareholders through a special dividend per share to be proposed after 2027, they add. CGS International raises the stock's target price to S$69.90 from S$63.80, while maintaining an add rating. Shares are last 1.9% higher at S$63.96.