Norway’s Aker Solutions and Italy’s Saipem announced Friday they will cooperate on targeted subsea O&G development projects worldwide. The companies said they will work through a joint work group to identify opportunities where they combine Aker’s experience in subsea products and technologies with Saipem’s assets and expertise in engineering, procurement, construction and installation of subsea infrastructures.
Luis Araujo, CEO of Aker Solutions, said, “We will team up with Saipem on targeted projects, providing integrated solutions that will enable our clients to make the most of their upstream investments, reduce development time and lower operating costs.”
The two companies will work with clients from the initial concept and design phase “to promote total system engineering, providing the best solutions for construction, operations and maintenance.”
The joint work will develop and manage all interfaces between subsea production systems and subsea umbilical, riser and flowline systems (SURF) as well as provide services over the lifetime of a field.
Saipem CEO Stefano Cao commented, “Thanks to our cooperation with Aker Solutions our clients will have access to a wealth of complementary capabilities and resources from the earliest phases of the projects…This joint effort will support efficient subsea development.”