Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB’s OneSubsea has penned a memorandum of understanding with UK supermajor BP aimed at forming a framework agreement for integrated subsea developments.
The framework agreement would see Subsea Integration Alliance work with BP from concept selection, through the full field life cycle, to deliver “enhanced subsea project performance”, based on new ways of working and an innovative commercial model.
A new team would be formed to oversee and manage activity across the programme with a focus on safety, quality and subsea project performance.
Olivier Blaringhem, CEO of Subsea Integration Alliance, said: “This agreement will mark a step change in how our highly collaborative teams work together to achieve shared objectives for mutual value. Together with BP, we will deliver lower-carbon energy to the world through enhanced long-term subsea performance.”
Ewan Drummond, BP’s senior vice president of projects, said: “The members of Subsea Integration Alliance have been a key supplier of BP for decades, and by combining our resources and knowledge, we can bring significant benefits to our customers and our stakeholders. Together we can safely deliver projects with improved project schedules, reducing our total cost of ownership and harnessing synergies through a collaborative one-team mindset.”
