
Tuesday, March 24, 2015
FMC Technologies and Technip entered into an exclusive strategic alliance that will lead to the launch of Forsys Subsea, a 50/50 JV that will bring together the two firm’s subsea capabilities. According to the companies the alliance will redefine the way subsea fields are designed, delivered and maintained by bringing the industry’s most talented subsea professionals together early in the project concept phase.
Forsys Subsea will have the technical capabilities, products and systems to significantly reduce the cost of subsea field development and provide the technology to maximize well performance over the life of the field.
By combining the industry-leading technologies of the parent companies, Forsys Subsea will reduce the interfaces of the subsea umbilical, riser and flowline systems (SURF) and subsea production and processing systems (SPS). It will also simplify the seabed layout, reducing complexity, accelerating time to first oil, and maximizing sustainable peak production. This unique combination will drive a new, step-change approach to how equipment designs and installation methods converge in a new generation of subsea architecture.
In addition, the alliance will be uniquely positioned to deliver and install a seamless subsea infrastructure from seabed to topside by eliminating interfaces and by integrating SPS with SURF, attaining the highest reliability and uptime and the lowest total ownership cost available in the industry.