Subsea 7 S.A. announced Tuesday that it has formed a development alliance with Det norske oljeselskap and Aker Solutions.
The alliance will combine Det norske’s exploration and production experience with Subsea 7’s capabilities in the engineering, procurement, installation and commissioning of subsea umbilicals, risers and flowlines (SURF) and Aker Solutions’ expertise in front end engineering, brownfield modifications and subsea systems.
As part of the collaboration the companies will form an integrated project management team with experts from each firm. This will enable continuity from one field development to another and facilitate a reuse of solutions and technology that will lower costs, reduce development time and promote safe and more efficient work methods amid a focus on continuous improvement, according to a group statement. Under the alliance, all parties will share both risks and rewards.
“This is an innovative way of collaborating with an operator and another supplier, working together as one integrated team across developments will promote greater sharing of knowledge and best practices,” said Subsea 7 CEO Jean Cahuzac.
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