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.”
Recommended Reading
Equinor Buys Stakes in Norway Oil, Gas Finds from Wellesley
2023-03-01 - Equinor's transactions will fortify its position along the Norwegian continental shelf "exploration hotspot."
Norway Awards Nearly Four Dozen Offshore Permits
2023-01-10 - Equinor scooped up more than half the licenses awarded.
China's CNOOC Discovers Oilfield in Bohai Sea
2023-03-01 - CNOOC's discovery has been tested to produce an average of around 2,040 bbl of crude and 11.25 MMcf/d of natural gas.
Leviathan Group Starts Plans for Israeli Floating LNG Terminal
2023-02-21 - "The development plan... will enable a significant increase in production to 21 Bcm a year," Ratio Energies' Yigal Landau said.
EOG Eyes Flat Permian Activity, Tighter Global Oil Supply
2023-01-06 - EOG Resources has been developing the vast Dorado natural gas play in South Texas, and currently has exposure to some 140 MMcf/d of gas demand as LNG.