OneSubsea partners with Subsea7

USA

HOUSTON, July 13, 2015 – OneSubsea, a joint venture created by hydrocarbons oilfield services entities, Schlumberger and Cameron, has entered into a subsea systems strategic alliance with Subsea7, a London-headquartered engineering and construction entity specialising in offshore operations.

The collaboration’s non-incorporated agreement is for the joint design, development and delivery of integrated subsea development solutions.

“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. Our established competencies in subsurface modelling and production systems engineering will be further strengthened by integrating the SURF [subsea umbilicals, risers and flowlines systems] expertise provided by Subsea 7.” Mike Garding, OneSubsea Chief Executive Officer told Offshore Energy Today.

Previously, on July 9th 2015, OneSubsea entered into a joint venture with Chevron for the development of a subsea system capable of operating in a 20,000-psi high-pressure environment in addition to withstanding high temperatures.

For more news and information on US market, click here. 

Read our latest insights on:

• USA

Previous

Saudi Arabia issues $4 billion in bonds

Next

Teck Resources delays oil sands project