OneSubsea, a Cameron and Schlumberger company, and Chevron U.S.A. Inc. have entered into an agreement to form a joint industry programme to develop subsea systems technology for 20 000 psi applications.
Joint industry programme led by OneSubsea
The joint industry 20Ksi Subsea System Development Programme will address the technical challenges presented by high pressure, high temperature (HPHT) reservoir environments for the development of 20 000 psi subsea systems.
By completing technology development projects and managing the evolution of enabling technologies, OneSubsea will lead the joint industry programme in order to address Chevron’s high-pressure field development challenges and wider subsea industry.
Developing technology solutions that the subsea industry requires
Mike Garding, OneSubsea Chief Executive Officer, commented: “OneSubsea uniquely integrates the technology experience and reservoir knowledge that is fundamental to developing reliable, robust and advanced technical solutions required for successfully producing hydrocarbons from challenging HPHT reservoirs.” He continued: “By collaborating with Chevron, a world-class operator, we can combine expertise to drive the development of economically viable and advanced technology solutions that the subsea industry requires.”
Adapted from press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/13072015/onesubsea-and-chevron-create-subsea-development-programme/