Subsea 7 has struck a deal with Cameron and Schlumberger company OneSubsea to develop and deliver integrated development solutions.
The move means the establishment of a worldwide non-incorporated alliance between the two firms.
Subsea 7 will work alongside OneSubsea to create development solutions through the combination of subsurface expertise, subsea production systems and susbsea processing systems.
Jean Cahuzac, Subsea 7 chief executive officer, 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 capitalise on the synergies between our strong technology portfolios and develop joint technologies to improve our offering for our clients.”
The contract win comes after Houston-based OneSubsea signed a JIP (Joint Industry Program) with Chevron earlier this month.
The alliance will also bring together Subsea 7’s experience and technology in seabed to surface engineering, construction and life-of-field services with OneSubsea’s reservoir expertise.
Both companies will collaborate on selected projects, engaging early to improve field development planning from the reservoir to the production facility.
Recommended for you
