Bergen, Norway 11 – 13 June, 2019

Improving performance and lowering costs of subsea

The new CEO of recently established Forsys Subsea, Rasmus Sunde, who was formerly with FMC, will be joining the UTC panel discussion on “Subsea under pressure – who is driving the cost”. His contribution is expected to be highly relevant.

Subsea cost-reduction is a subject close to Sunde’s heart – and one of the founding founding principles of Forsys Subsea, which was formed by alliance partners FMC Technologies of the US and French-based Technip as a 50/50 joint venture in March 2015.

Sunde said: “With Forsys Subsea we have launched an exciting and compelling business proposition by providing front-end engineering and life of field decision support to our customers.

“Based on this we will enable customers to take advantage of significant equipment cost-reductions, reduced execution time and execution risks, and higher uptime of the installed base by leveraging the parent companies’ combined technologies and execution capabilities.”

Forsys Subsea, which is headquartered in London, brings together FMC Technologies’ broad range of field-proven subsea products and systems, with Technip’s world-class fleet of installation vessels and subsea flowline products and technology.

The company plans to be involved in projects right from concept selection to life-of-field data monitoring and surveillance services, taking on the complete field development scope. Sunde said this will result in the highest reliability and uptime and the lowest total cost of ownership available in the industry.

Influencing cost-reduction
Through its concept development phase involvement, Sunde went on, Forsys will be able to achieve maximum influence on cost-reduction, working closely with the client to simplify field design through integration of SPS and SURF scopes and use of innovative technology.

It will also seek to maximise production performance using advanced flow assurance technology and to incorporate architectural flexibility that will enable additional processing or reconfiguration later in the life of the field.

By means of the design it collaborated on at the concept stage, Forsys will then be able to monitor the entire subsea system, integrating life-of-field well surveillance, monitoring, data interpretation and advisory services. The information thus gained will help maximize uptime and reduce unplanned maintenance, Sunde pointed out.