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BHGE launches Subsea Connect and Aptara™ TOTEX-Lite Subsea System

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Oilfield Technology,


Baker Hughes, a GE company has announced the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite subsea system, a suite of new lightweight, modular technologies designed for the full life of field. By combining planning and risk management, new modular deepwater technology, innovative partnerships and digital tools into a single offering, Subsea Connect can reduce the economic development point of subsea projects by an average of 30% and has the potential to unlock an additional 16 billion bbls of reserves globally.

With its fullstream portfolio and ability to make better connections across the development process, BHGE is uniquely positioned to influence approximately 80% of the costs associated with offshore projects. This provides an unparalleled opportunity to lower operators’ CAPEX and OPEX requirements and transform unsanctioned projects into commercially-viable ones.

Neil Saunders, president & CEO of BHGE’s Oilfield Equipment business, said: “In recent years, our industry has made good progress in lowering the cost of subsea projects to the point where they have become more competitive with onshore developments. While the gap has narrowed, we are taking that to the next level with Subsea Connect, making long-lasting, sustainable change and driving value from concept to commissioning and over the full life of field.”

Saunders added: “We’re already delivering against Subsea Connect. In addition to the introduction of new technology solutions, we have invested significantly in structuring our subsea production systems (SPS) portfolio to ensure shorter lead times – by as much as 30% - and quicker responses, evidenced by our comprehensive SPS Catalogue, which includes a full suite of ‘Make to Order,’ ‘Configure to Order’ and ‘Engineer to Order’ variants. We have also signed an agreement with a major operator to provide the Aptara™ lightweight compact tree for deployment next year.”

Subsea Connect, the Aptara™ TOTEX-lite subsea system and BHGE’s SPS Catalogue were unveiled to E&P customers at a launch event in Houston, USA.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/29112018/bhge-launches-subsea-connect-and-aptara-totex-lite-subsea-system/

 

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