Page 42: of Marine Technology Magazine (July 2016)

MTR 100: The 11th Annual Listing of 100 Leading Subsea Companies

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MTR 100

MTR100 & Norway’s

Rising Subsea Stars

Forsys Subsea • Fishbones • DNV GL • Subsea Design SeAlign • Subsea Design WLR

While Norway is down (courtesy of a two-year oil & gas slump) it certainly is not out.

The Norwegian maritime and subsea pedigree extends centuries, and despite a momen- tary bump in the aquatic road, William Stoichevski uncovers some Rising Subsea Stars.

The merging in May of installation and the installation and readiness of the

Forsys Subsea and equipment giants Technip and FMC subsea production system. The ability

The largest ever subsea asset deal fea- into TechnipFMC eclipsed some news, tured the parent companies of engineer- to do combine service and equipment so you might have missed the brilliance ing out? t Forsys, an out? t fresh from with less seabed sprawl is touted as a of wellhead, tubular and downhole stars shining from the depths. Beyond the winning the job of designing subsea key cost-cutting effect deriving from the combination of Forsys’s 50-50 par- operator Statoil’s Trestakk development success of TechnipFMC business, For- ent entities. Using “next-generation” offshore Norway. The subsea tieback to sys, there’s the entrepreneurial activity the Aasgard A ? oating production stor- subsea architecture, Forsys Subsea’s of brilliant new and established older age and of? oading vessel includes all business model is to cut the total imprint players as well as some locally based systems and related services from the of subsea umbilical, riser and ? owline engineering dynamos and their compa- FPSO’s hanging risers to the wellhead, systems (SURF) and subsea production ny-sized ideas. systems (SPS). The same is now being including umbilical, riser, ? owlines

More Stim: jack-ups like the Maersk Gallant (seen from the business end) might soon be complet- ing more wells with Fishbones stimulation technology.


Photo Ole Jørgen Bratland - Statoil

July/August 2016

MTR 42

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