BP has signed a Memorandum of Understanding (MoU) with Subsea Integration Alliance aimed at developing a framework to enhance subsea project performance. The agreement with the alliance, which comprises Subsea7 and OneSubsea, an SLB company, will combine the three companies’ skills, knowledge and experience across a global portfolio of projects.
The companies will work together to support project delivery through new ways of working from concept development through the full field lifecycle. The partnership will focus on delivering integrated subsea production systems and subsea umbilical, riser and flowline systems.
A new team will be formed to oversee and manage activities across the program, with a focus on safety, quality and subsea project performance.
“The members of Subsea Integration Alliance have been a key supplier of BP for decades, and by combining our resources and knowledge, we can bring significant benefits to our customers and our stakeholders. Together, we can safely deliver projects with improved project schedules, reducing our total cost of ownership and harnessing synergies through a collaborative one-team mindset. We look forward to getting to work,” said Ewan Drummond, BP’s SVP of Projects.
“This agreement marks a step change in how our highly collaborative teams will work together to achieve shared objectives for mutual value. Together with BP, we will deliver lower carbon energy to the world through enhancing long-term subsea performance,” said Olivier Blaringhem, CEO of Subsea Integration Alliance.
The MoU was signed at an official ceremony in London on 22 September.