TechnipFMC has announced the official launch of Subsea 2.0™, a product platform that is designed to make subsea projects simpler, leaner and smarter. According to the company, when combined with iEPCI™ — the company’s powerful integrated approach to field architecture and project execution — Subsea 2.0 improves project economics and unlocks first oil and gas faster.
TechnipFMC introduced iEPCI™ to transform subsea projects throughout the entire process of full field development. The value proposition integrates front-end design and life of field to streamline project execution. Now, it has gone one step further by bringing together expert teams to rethink how subsea production could be even more efficient.
The result is Subsea 2.0™, a product platform made up of six core products designed by combining field-proven and new technologies. The core products include the compact tree, compact manifold, flexible jumpers, distribution, controls and horizontal connectors. According to TechnipFMC, the smaller, lighter products achieve up to a 50% reduction in size, weight and part count, while maintaining the same or better functionality.
TechnipFMC has invested heavily in the research and development of Subsea 2.0™ and designed it specifically to accommodate iEPCI™ using LEAN product and process engineering. Further, the product platform has been standardized at the component level for configuration to client needs and optimized to improve performance over the life of the field. The“configure to order” model means there is a 70%-90% reduction in manual activities during the production process, reducing hardware delivery time for clients and making it possible to achieve zero hours of product engineering after the contract has been formalized.
The innovative new system was unveiled at the Offshore Technology Conference (OTC) in Houston, Texas, April 30–May 3, 2018.
Image courtesy of TechnipFMC.