Halliburton Co. and Optime Subsea have formed a global strategic alliance on April 7 to apply Optime’s innovative Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services.
The companies will also collaborate and offer intervention and workover control system services leveraging Optime’s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburton’s subsea intervention expertise.
“We are excited to work with Optime and leverage their technologies within our existing subsea completions and intervention solutions,” Daniel Casale, vice president of testing and subsea at Halliburton, said. “Our alliance advances remote capabilities and provides a capital efficient solution, allowing customers to reduce safety risk, operational footprint, setup and run-time.”
The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optime’s innovative technologies as a service across its global portfolio.
“We believe that strong mutual alliances across the vertical supply chain drives continuous improvements needed in our industry,” Jan-Fredrik Carlsen, CEO of Optime Subsea, said. “By solidifying this relationship with Halliburton and combining their well-established, reputable service and technology capabilities with Optime’s innovative controls and intervention technology, more customers will have access to these cost-efficient subsea solutions.”
2024-02-23 - A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.
2024-02-23 - Gas producer Range Resources is focusing on system flexibility to respond to market trends.
2024-02-23 - Barton R. Brookman previously served as President and CEO of PDC Energy and James B. Lebeck served as senior vice president and general counsel since January 2023.
2024-02-23 - A private seller has retained EnergyNet for the sale of a Haynesville Shale 157 well package opportunity in Bienville, Bossier, Casso, De Soto and Sabine parishes, Louisiana.
2024-02-23 - LLOG Exploration’s founder and chairman Gerald A. Boelte unexpectedly passed away on Feb. 22.