Subsea 7 And OneSubsea Join Forces On Development

Published at 05:04PM - 13/07/15

Subsea 7 and OneSubsea are to join forces in a venture that will see the two companies jointly develop subsea systems.

The aim of the joint venture is to further develop and jointly deliver both Subsea Production Systems, known as ‘SPS’ and Subsea Processing Systems, Subsea Umbilicals, Risers and Flowlines Systems known as ‘SURF’.

The two companies hope to bring together Subsea 7’s seabed to surface engineering, construction and life-of-field services experience and technology and OneSubsea’s unique reservoir expertise and state-of-the-art subsea production and processing systems technologies.