Baker Hughes, a GE company, has launched its new approach to subsea development, Subsea Connect, including its Aptara TOTEX-lite subsea system, a suite of new lightweight, modular technologies designed for the full life of field.
Subsea Connect can reduce the economic development point of subsea projects by an average of 30 percent and has the potential to unlock an additional 16 billion barrels of reserves globally, the company said.
Neil Saunders , president & CEO of BHGE’s Oilfield Equipment business, said: “In recent years, our industry has made good progress in lowering the cost of subsea projects to the point where they have become more competitive with onshore developments. While the gap has narrowed, we are taking that to the next level with Subsea Connect, making long-lasting, sustainable change and driving value from concept to commissioning and over the full life of field.”
Subsea Connect is a combination of four key solutions:
Saunders added: “We’re already delivering against Subsea Connect. In addition to the introduction of new technology solutions, we have invested significantly in structuring our subsea production systems (SPS) portfolio to ensure shorter lead times – by as much as 30 percent – and quicker responses, evidenced by our comprehensive SPS Catalogue, which includes a full suite of ‘Make to Order’, ‘Configure to Order’ and ‘Engineer to Order’ variants. We have also signed an agreement with a major operator to provide the Aptara lightweight compact tree for deployment next year.”
Subsea Connect, the Aptara TOTEX-lite subsea system and BHGE’s SPS Catalogue were unveiled to E&P customers at a launch event in Houston, USA.