Subsea7’s Subsea Integration Alliance has taken a significant stride forward in the realm of subsea developments by signing a Memorandum of Understanding (MoU) with global energy giant, bp. This MoU lays the foundation for a comprehensive framework agreement that will revolutionize the way subsea projects are approached and executed.
The collaboration between Subsea Integration Alliance and bp will span the entire lifecycle of subsea projects, from the crucial concept selection phase to the seamless execution in the field. This endeavor is underpinned by a commitment to implement fresh perspectives and an innovative commercial model, aiming to elevate the performance of subsea endeavors to new heights.
A dedicated team will be established to oversee and meticulously manage operations throughout the program. Their primary focus will be on ensuring top-tier safety measures, maintaining impeccable quality standards, and optimizing the overall performance of subsea projects.
Olivier Blaringhem, CEO of Subsea Integration Alliance, expressed his optimism, stating, “This agreement will mark a step change in how our highly collaborative teams work together to achieve shared objectives for mutual value. Together with bp, we will deliver lower-carbon energy to the world through enhanced long-term subsea performance.”
Ewan Drummond, bp’s Senior Vice President of Projects, emphasized the historical significance of this collaboration, noting, “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.”
This strategic partnership between Subsea Integration Alliance and bp heralds a new era in the realm of subsea developments, promising not only enhanced performance but also a concerted effort towards sustainable, lower-carbon energy solutions.
