{"id":472518,"date":"2021-04-07T07:12:16","date_gmt":"2021-04-07T11:12:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472518"},"modified":"2021-04-07T07:12:16","modified_gmt":"2021-04-07T11:12:16","slug":"halliburton-and-optime-subsea-form-global-alliance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-optime-subsea-form-global-alliance\/","title":{"rendered":"Halliburton and Optime Subsea Form Global Alliance"},"content":{"rendered":"

<\/p>\n

Halliburton and Optime Subsea Form Global Alliance<\/b><\/p>\n

Companies will jointly commercialize and deploy innovative and efficient subsea interventions and controls<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nHalliburton Company (NYSE: HAL) and Optime Subsea today announced they formed a global strategic alliance to apply Optime\u2019s innovative Remotely Operated Controls System (ROCS) to Halliburton\u2019s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime\u2019s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburton\u2019s subsea intervention expertise.\n<\/p>\n

\nThe alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optime\u2019s innovative technologies as a service across its global portfolio.\n<\/p>\n

\n\u201cWe are excited to work with Optime and leverage their technologies within our existing subsea completions and intervention solutions,\u201d said Daniel Casale, vice president of Testing and Subsea. \u201cOur alliance advances remote capabilities and provides a capital efficient solution, allowing customers to reduce safety risk, operational footprint, setup and run-time.\u201d\n<\/p>\n

\n\u201cWe believe that strong mutual alliances across the vertical supply chain drives continuous improvements needed in our industry,\u201d said Jan-Fredrik Carlsen, CEO of Optime Subsea. \u201cBy solidifying this relationship with Halliburton and combining their well-established, reputable service and technology capabilities with Optime\u2019s innovative controls and intervention technology, more customers will have access to these cost-efficient subsea solutions.\u201d\n<\/p>\n

About Halliburton<\/b><\/p>\n

\nFounded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir \u2013 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\u2019s website at www.halliburton.com<\/a>. Connect with Halliburton on Facebook<\/a>, Twitter<\/a>, LinkedIn<\/a>, Instagram<\/a> and YouTube<\/a>.\n<\/p>\n

About Optime Subsea<\/b><\/p>\n

\nFounded in 2015, Optime is an innovative and globally leading technological provider of subsea controls and intervention systems. With its headquarter in Notodden, Norway, and international office in Houston, TX, USA, it is a fully integrated system and services provider with all of the capabilities to optimize subsea well interventions and completions operations. Within this segment, their capabilities are delivering quick to market solutions, further reducing cost, size and improving operational efficiency \u2013 simplifying subsea (www.optimesubsea.com<\/a>).\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210407005539\/en\/<\/a><\/span><\/p>\n

For Halliburton
\n<\/span><\/b>
Investors:
\n<\/b>
Abu Zeya
\n
Halliburton, Investor Relations
\n
Investors@Halliburton.com
\n<\/a>
281-871-2633\n<\/p>\n

Media<\/b>:
\n
William Fitzgerald
\n
Halliburton, External Affairs
\n
PR@Halliburton.com
\n<\/a>
713-876-0105\n<\/p>\n

For Optime Subsea
\n<\/span><\/b>
Investor Relations
\n<\/b>
Jan-Fredrik Carlsen
\n
Optime, Notodden, Norway
\n
jfc@optimesubsea.com
\n<\/a>
+47 414 60 996\n<\/p>\n

Media:
\n<\/b>
Thor Lovland
\n
Optime, Houston, TX
\n
tal@optimesubsea.com
\n<\/a>
+1 832 904 6842\n<\/p>\n

KEYWORDS:<\/b> Alabama Norway Europe United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Oil\/Gas Manufacturing Energy Environment Engineering<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Halliburton and Optime Subsea Form Global Alliance Companies will jointly commercialize and deploy innovative and efficient subsea interventions and controls HOUSTON–(BUSINESS WIRE)– Halliburton Company (NYSE: HAL) and Optime Subsea today announced they formed a global strategic alliance to apply Optime\u2019s innovative Remotely Operated Controls System (ROCS) to Halliburton\u2019s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime\u2019s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburton\u2019s subsea intervention expertise. The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optime\u2019s innovative technologies as … <\/p>\n

Continue reading “Halliburton and Optime Subsea Form Global Alliance”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472518","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHalliburton and Optime Subsea Form Global Alliance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-optime-subsea-form-global-alliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Halliburton and Optime Subsea Form Global Alliance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Halliburton and Optime Subsea Form Global Alliance Companies will jointly commercialize and deploy innovative and efficient subsea interventions and controls HOUSTON–(BUSINESS WIRE)– Halliburton Company (NYSE: HAL) and Optime Subsea today announced they formed a global strategic alliance to apply Optime\u2019s innovative Remotely Operated Controls System (ROCS) to Halliburton\u2019s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime\u2019s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburton\u2019s subsea intervention expertise. The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. 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