ABB and Aker Solutions announced today an agreement to build on their combined strengths in subsea, power and automation technologies to develop solutions that will improve oil and gas production for the global energy industry.
The cooperation will integrate ABB’s leading technologies in subsea power and automation and Aker Solutions’ pioneering subsea capabilities to bring customers more effective, reliable and flexible oil and gas production solutions. It will enhance how production equipment on the seafloor is powered and controlled by applications on shore or platforms, lowering costs and enabling economically viable production at fields far from existing infrastructure.
The cooperation is an outcome of several years of joint work that includes landmark developments such as the 2015 delivery of the world’s first subsea compression system for the Statoil-operated Åsgard field offshore Norway. Initial focus areas will include developing better subsea compression systems at lower costs and in less time. The collaboration will target opportunities globally, building on the companies’ presence in oil and gas markets worldwide. It will be headquartered in Oslo, Norway.
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