OneSubsea announces global alliance with Subsea 7
HOUSTON -- OneSubsea, a Cameron and Schlumberger company, announced today that they have signed an agreement establishing a worldwide non-incorporated alliance with Subsea 7 to jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface expertise, subsea production systems (SPS), subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF), and life-of-field services.
The alliance will bring together Subsea 7’s experience and technology in seabed to surface engineering, construction and life-of-field services with OneSubsea’s unique reservoir expertise and state-of-the-art subsea production and processing systems technologies. The alliance will combine both companies’ resources to collaborate on selected projects, engaging early to improve field development planning from the reservoir to the production facility. By combining the complementary capabilities and market-leading technologies of Subsea 7 and OneSubsea, the alliance will work collaboratively with clients to design, develop and deliver integrated SPS and SURF solutions, which will enhance project delivery, improve the recovery, and optimize the cost and efficiency of deepwater subsea developments for the life of the field.
“The technology and expertise from Subsea 7 perfectly complements OneSubsea’s Pore to Process™ business strategy to offer a holistic approach to subsea development solutions,” Mike Garding, OneSubsea CEO, said. “Our established competencies in subsurface modelling and production systems engineering will be further strengthened by integrating the SURF expertise provided by Subsea 7. By integrating these key areas of expertise, we can further reduce risk and uncertainty to deliver the optimal solution for our clients to produce cost-effectively from subsea reservoirs.”
Jean Cahuzac, Subsea 7 CEO, said: “This combination of subsurface, SPS, SURF and life-of-field expertise is unique in its breadth of integrated service offering and provides clients with the opportunity to significantly improve subsea field economics over the lifetime of the development. I am looking forward to developing further our relationship with OneSubsea as we will be able to capitalize on the synergies between our strong technology portfolios and develop joint technologies to improve our offering for our clients."
