Aker Solutions and ABB have agreed a subsea alliance to target new business.
The partnership headquarters will based in Oslo, Norway and will initially focus on “developing better subsea compression systems at lower costs and in less time”.
The move is a result of “several years of joint work that includes landmark developments such as the 2015 delivery of the world’s first subsea compression system for the Statoil-operated Åsgard field offshore Norway”, according to the pair.
Alan Brunnen, head of Aker Solutions’ subsea business, said: “This partnership builds on a relationship with ABB that already has a proven track record of developing groundbreaking subsea technology.
“Together we will now 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.”
Peter Terwiesch, president of ABB’s process automation division, added: “Power and automation are crucial to improving the effectiveness of compression, boosting and other solutions for increasing oil and gas recovery from subsea fields.
“This collaboration is part of our Next Level Strategy to engage in value-adding partnerships and will bring together the expertise and technology needed to help better serve customers and strengthen our subsea power and automation solutions.”
More information on the partnership is expected to be revealed at a press briefing later today.