OneSubsea, Helix and Schlumberger to Form Subsea Well Intervention Alliance
11 Agosto 2014 - 5:05PM
Business Wire
OneSubsea™, a Cameron (NYSE: CAM) and Schlumberger (NYSE: SLB)
company, Helix Energy Solutions Group, Inc. (NYSE: HLX) and
Schlumberger today announced that they have entered into a letter
of intent to form an alliance to develop technologies and deliver
services to optimize the cost and efficiency of subsea well
intervention systems.
Helix is a leading subsea well intervention provider, with the
largest fleet size of well intervention vessels, and an unequalled
track record in cost-effective subsea well intervention. OneSubsea,
a preeminent solution provider for subsea well control, with a
global footprint of executed major projects, has significant
experience in the manufacture and supply of subsea well
intervention equipment and services. Schlumberger is the world's
leading supplier of technology and services to the oilfield,
including conveyance systems and in-well technologies for subsea
applications.
Upon agreement on the final terms of the alliance definitive
agreement, the alliance will leverage the capabilities of Helix,
OneSubsea and Schlumberger, to provide a unique, fully integrated
offering, combining marine support with well access and control
technologies. The alliance will focus on several objectives aimed
at increasing the operating envelope of today’s subsea intervention
technology. These objectives include the expansion of applications
enabled by subsea well-access technology, and specific solutions
for deep and ultra-deepwater basins and higher well pressure
environments. An important consideration is the evolution in the
capabilities of Helix’s vessels to provide well intervention and
additional support services such as well commissioning, artificial
lift support, and abandonment, which are usually performed using
drilling rigs.
Helix President and Chief Executive Officer, Owen Kratz said,
“Helix is proud to join OneSubsea and Schlumberger as industry
leaders in a team to provide a truly comprehensive array of
solutions in the area of well intervention. From well construction
through production enhancement to decommissioning, this is an
opportunity for our companies to work with our clients in
realizing significant value creation through a fully
integrated and collaborative team effort.”
Cameron Chairman, President and Chief Executive Officer, Jack
Moore said, “OneSubsea is very excited to be partnering with Helix,
the leader in subsea well intervention; and Schlumberger, the
leader in subsurface evaluation and construction technologies. This
unique alliance will drive optimization in the complete subsea well
intervention value chain. Together, we will develop leading
technology to reduce operational risk, increase efficiency, improve
recovery, and lower the overall cost of subsea well intervention
operations for our clients.”
Paal Kibsgaard, Schlumberger Chief Executive Officer said, “This
alliance reinforces our commitment, along with our OneSubsea
joint-venture company partner Cameron, to help our customers
improve production and recovery from their subsea developments. We
are determined to drive further integration of our leading
technology portfolio, backed by improved reliability and greater
efficiency, to create a step-change in performance throughout the
E&P value chain.”
About OneSubsea
OneSubsea, a Cameron and Schlumberger Company, offers a step
change in reservoir recovery for the subsea oil and gas industry
through integration and optimization of the entire production
system over the life of the field. Cameron, with its long history
of innovation and firsts in the subsea market, is an industry
leader in design capability, manufacturing excellence and
successful installations. Schlumberger brings a deep understanding
of the reservoir, and industry-leading well completions, subsea
processing and integration platform. Through the integration of
these strengths, OneSubsea offers best-in-class subsea solutions
for its customers. For more information, visit
www.onesubsea.com.
About Helix
Helix Energy Solutions Group, headquartered in Houston,
Texas, is an international offshore energy company that provides
specialty services to the offshore energy industry, with a focus on
well intervention and robotics operations. For more information
about Helix, visit www.HelixESG.com.
About Schlumberger
Schlumberger is the world's leading supplier of technology,
integrated project management and information solutions to
customers working in the oil and gas industry worldwide. Employing
approximately 126,000 people representing over 140 nationalities
and working in more than 85 countries, Schlumberger provides the
industry's widest range of products and services from exploration
through production.
Schlumberger Limited has principal offices in Paris, Houston,
London and The Hague and reported revenues from continuing
operations of $45.27 billion in 2013. For more information,
visit www.slb.com.
This press release includes forward-looking statements regarding
the alliance and the companies, made in reliance upon the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. The alliance and companies’ actual results may differ
materially from those described in forward-looking statements. Such
statements are based on current expectations of the alliance and
companies’ performance and are subject to a variety of factors,
some of which are not under the control of the alliance and
companies, which can affect the alliance and companies’ results of
operations, liquidity or financial condition.
Because the information herein is based solely on data currently
available, it is subject to change as a result of changes in
conditions over which the alliance and companies have no control or
influence, and should not therefore be viewed as assurance
regarding the alliance and companies’ future performance.
Additionally, the alliance and companies are not obligated to make
public indication of such changes unless required under applicable
disclosure rules and regulations.
InvestorsJeff AltamariVice President, Investor
RelationsCameron International Corp.Tel: +1 713 513
3344jeff.altamari@c-a-m.comTerrence JamersonDirector, Finance &
Investor RelationsHelix Energy Solutions Group, Inc.Tel: +1 281 618
0400tjamerson@helixesg.comSimon FarrantVice President of Investor
RelationsSchlumberger LimitedTel: +1 713 375
3535investor-relations@slb.comMediaEileen CurlingDirector of
MarketingOneSubseaTel: +1 713 939
2839eileen.curling@onesubsea.comTerrence JamersonDirector, Finance
& Investor RelationsHelix Energy Solutions Group, Inc.Tel: +1
281 618 0400tjamerson@helixesg.comJoao FelixDirector of External
CommunicationsSchlumberger LimitedTel: + 1 713 375
3494jpfelix@slb.com
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