Subsea 7 and KBR form FEED alliance

Subsea 7 and KBR form FEED alliance

Oslo: Having formed an alliance earlier this week with Houston-based OneSubsea, Subsea 7 says it has signed an agreement with another Houston-based company, KBR and its subsidiary Granherne, to form an alliance in the delivery of concept and front end engineering and design (FEED) services.

The global alliance plans to ensure the most cost-effective solutions are presented to clients in the early concept evaluation phase of a field development project, the announcement said. Granherne will support Subsea 7 on concept and FEED studies and Subsea 7 will support Granherne with subsea engineering and technology.

The alliance will provide the opportunity for KBR and Subsea 7 to collaborate in the execution phase of offshore projects, and the decision to collaborate will be on a project-by-project basis.

Jean Cahuzac, chief executive officer of Subsea 7, commented: “This alliance will drive improvements in the offshore market with two leading independent companies working together to deliver greater value for clients worldwide. I look forward to strengthening our relationship with KBR through this alliance which provides the opportunity for early engagement in the project lifecycle when value creation can be optimised and where we can introduce enabling subsea technologies and know-how at the critical concept evaluation stage.”

Stuart Bradie, president and CEO of KBR, added: “This alliance combines the complementary skill-sets and know-how of two leading offshore contractors working together to ensure a greater contribution at the early stage of projects. Together, both companies can ensure that offshore oil and gas development becomes more economic and we look forward to continuing our already strong working partnership with Subsea 7.”

Earlier this week Subsea 7 and OneSubsea announced the signing a global alliance agreement to work collaboratively with clients to design, develop and deliver integrated SPS and SURF solutions.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts