Aker Solutions and ABB are to cooperate in developing subsea power and automation technology for offshore oil and gas production.
ABB’s will combine its existing subsea technologies with Aker Solutions’ services to create a product offering that will improve how production equipment on the seafloor is powered and controlled by applications on shore or from platforms.
The cooperation aims to lower the operating costs of subsea production and enable production at fields far from existing infrastructure to become economically viable.
The initial focus will be on developing better subsea compression systems at lower costs and with a shorter lead time.
“Power and automation are crucial to improving the effectiveness of compression, boosting and other solutions for increasing oil and gas recovery from subsea fields,” said Peter Terwiesch, president of ABB’s Process Automation Division.
“Together we will further hone our focus on developing technologies for greater and more sustainable hydrocarbon recovery and help customers reduce costs by making existing subsea solutions more effective,” added Alan Brunnen, head of Aker Solutions’ subsea business.
In 2015, the partners jointly delivered the world’s first subsea compression system for the Statoil-operated Åsgard field in offshore Norway.