Halliburton and TechnipFMC Launch Joint Subsea Fiber Optic Service
July 09 2020 - 7:00AM
Business Wire
Technology creates a paradigm shift to
reduce reservoir uncertainty and lower total cost of
ownership
Halliburton Company (NYSE: HAL) and TechnipFMC (NYSE:FTI)
(Paris:FTI) (ISIN:GB00BDSFG982) today introduced Odassea™, the
first distributed acoustic sensing solution for subsea wells. The
technology platform enables operators to execute intervention-less
seismic imaging and reservoir diagnostics to reduce total cost of
ownership while improving reservoir knowledge.
The Odassea™ service integrates hardware and digital systems to
strengthen digital capabilities in subsea reservoir monitoring and
production optimization. Halliburton provides the fiber optic
sensing technology, completions and analysis for reservoir
diagnostics. TechnipFMC provides the optical connectivity from the
topside to the completions. Through the collaboration, operators
can accelerate full field subsea fiber optic sensing, design and
execution.
“We are excited to introduce a new technology platform which
allows our customers to monitor reservoir performance in real-time”
said Trey Clark, Vice President of Halliburton Wireline and
Perforating. “By collaborating with TechnipFMC, we can harness our
combined subsurface and subsea expertise to deliver differentiated
products to the marketplace that provide value for our
customers.”
“This project enables an enhanced level of reservoir
understanding for our customers and expands our unique integrated
subsea solution,” said Christina Johansen, Vice President of
TechnipFMC Subsea Product Management Control & Automation. ”We
are proving that we can leverage the competencies and know-how to
drive the change our industry needs for a higher level of
sustainability.”
In the field, Halliburton and TechnipFMC are delivering
solutions with the technology to multiple subsea projects at all
stages from conceptual design to execution and installation.
###
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 50,000 employees, representing 140 nationalities in
more than 80 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and
surface projects. With our proprietary technologies and production
systems, integrated expertise, and comprehensive solutions, we are
transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond.
Through innovative technologies and improved efficiencies, our
offering unlocks new possibilities for our clients in developing
their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best
results are achieved.
TechnipFMC utilizes its website www.TechnipFMC.com as a
channel of distribution of material company information. To learn
more about us and how we are enhancing the performance of the
world’s energy industry, go to www.TechnipFMC.com and follow us on
Twitter @TechnipFMC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200709005414/en/
For Halliburton
Investors: Abu Zeya Halliburton, Investor Relations
Investors@Halliburton.com 281-871-2633
Media: William Fitzgerald Halliburton, External Affairs
PR@Halliburton.com 713-876-0105
For TechnipFMC Investor
relations Matt Seinsheimer Vice President Investor Relations
Tel: +1 281 260 3665 Email: Matt Seinsheimer
Phillip Lindsay Director Investor Relations (Europe) Tel: +44
(0) 20 3429 3929 Email: Phillip Lindsay
Media relations Christophe Bélorgeot Senior Vice
President Corporate Engagement Tel: +33 1 47 78 39 92 Email:
Christophe Belorgeot
Brooke Robertson Public Relations Director Tel: +1 281 591 4108
Email: Brooke Robertson
TechnipFMC (NYSE:FTI)
Historical Stock Chart
From Mar 2024 to Apr 2024
TechnipFMC (NYSE:FTI)
Historical Stock Chart
From Apr 2023 to Apr 2024