FMC Technologies And Technip To Launch Forsys Subsea

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FMC Technologies And Technip Have Signed An Agreement To Form An Exclusive Alliance And To Launch Forsys Subsea, A 50/50 Joint Venture That Will Address The Way Subsea Fields Are Designed, Delivered, And Maintained, Thereby Uniting The Skills And Capabilities Of The Two Companies.

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.

Gathering the expertise and experience of its parent companies, Forsys Subsea will focus on:

Early involvement in the concept selection phase of front-end engineering and design (FEED), when the ability to influence cost is greatest. Integrated life-of-field well surveillance, monitoring, data interpretation and advisory services. Joint R

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