{"id":510558,"date":"2021-07-07T16:18:23","date_gmt":"2021-07-07T20:18:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/"},"modified":"2021-07-07T16:18:23","modified_gmt":"2021-07-07T20:18:23","slug":"technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/","title":{"rendered":"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil<\/b><\/p>\n<p class=\"bwalignc\"><b>Technology enables digital transformation of offshore development project in Guyana<\/b><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTechnipFMC (NYSE:FTI) and Halliburton Company (NYSE: HAL) today announced they received an OTC Spotlight on New Technology Award<sup>\u00ae<\/sup> (SONT) for their Odassea\u2122 Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. ExxonMobil selected the solution for its Payara development project in Guyana. The award followed completion of front-end engineering and design studies and qualifications.\n<\/p>\n<p>\n\u201cWe are excited to win OTC\u2019s Spotlight Award and deploy Odassea\u2122 in Payara, the industry\u2019s largest subsea fiber optic sensing project,\u201d said Trey Clark, vice president of Halliburton Wireline and Perforating. \u201cBy collaborating with TechnipFMC, we combine our sensing and subsea expertise to enhance reservoir insight and to lower the total cost of ownership for our customers.\u201d\n<\/p>\n<p>\nThe Odassea\u2122 service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimization. Halliburton provides the fiber optic sensing technology and analysis for reservoir diagnostics. TechnipFMC provides the optical connectivity from the topside to the completions. Through this collaboration, operators can accelerate full field subsea fiber optic sensing, design, and execution.\n<\/p>\n<p>\nThe Payara development, located 200 kilometers offshore Guyana in 1,800 meters water depth, is the third development within the Stabroek block with current discovered recoverable resources estimated at approximately 9 billion oil-equivalent barrels.\n<\/p>\n<p>\n\u201cTo win the SONT award and to help our client enable an enhanced level of reservoir understanding are great achievements,\u201d said Christina Johansen, Senior Vice President of TechnipFMC Subsea Product Management. \u201cSolutions such as Odassea\u2122 transform our clients\u2019 project economics and demonstrate how we are continuously driving change in the industry.\u201d\n<\/p>\n<p>\nTechnipFMC and Halliburton are delivering Odassea\u2122 solutions to multiple other subsea projects at all stages, from conceptual design to execution.\n<\/p>\n<p class=\"bwalignc\">\n###\n<\/p>\n<p><b>About TechnipFMC <\/b><\/p>\n<p>\nTechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.\n<\/p>\n<p>\nWith our proprietary technologies and comprehensive solutions, we are transforming our clients\u2019 project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.\n<\/p>\n<p>\nOrganized in two business segments \u2014 Subsea and Surface Technologies \u2014 we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI\u2122, iFEED\u2122 and iComplete\u2122), technology leadership and digital innovation.\n<\/p>\n<p>\nEach of our approximately 20,000 employees is driven by a commitment to our clients\u2019 success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.\n<\/p>\n<p><b>TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.technipfmc.com%2F&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=www.TechnipFMC.com&amp;index=1&amp;md5=b25e2d3076755383421d33129974f135\">www.TechnipFMC.com<\/a> and follow us on Twitter @TechnipFMC. <\/b><\/p>\n<p><b>About Halliburton<\/b><\/p>\n<p>\nFounded in 1919, Halliburton is one of the world&#8217;s largest providers of products and services to the energy industry. With approximately 50,000 employees, representing 140 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.halliburton.com%2F&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=www.halliburton.com&amp;index=2&amp;md5=0722219b1e011fa8a81285e73fb36663\">www.halliburton.com<\/a>. Connect with Halliburton on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fhalliburton&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=Facebook&amp;index=3&amp;md5=27d598489079270512ee8ea68791a2e0\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FHalliburton&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=37ff6a3549d4ebf12ff180c55bb0efe8\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fhalliburton&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=5&amp;md5=43590f3ac6064e695c92768b57ee0615\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fhalliburton%2F&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=Instagram&amp;index=6&amp;md5=8c9eca81ee63d9667cc0aecf52e52e44\">Instagram<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.youtube.com%2Fuser%2FHalliburton&amp;esheet=52456517&amp;newsitemid=20210707005766&amp;lan=en-US&amp;anchor=YouTube&amp;index=7&amp;md5=d718c5402dec19dbf4f219347c6a062f\">YouTube<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210707005766r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210707005766\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210707005766\/en\/<\/a><\/span><\/p>\n<p><b><span class=\"bwuline\">For Halliburton <\/span><\/b><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Abu Zeya<br \/>\n<br \/>Halliburton, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investors@Halliburton.com\">Investors@Halliburton.com<br \/>\n<\/a><br \/>281-871-2633\n<\/p>\n<p><b>Media<\/b>:<br \/>\n<br \/>William Fitzgerald<br \/>\n<br \/>Halliburton, External Affairs<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PR@Halliburton.com\">PR@Halliburton.com<br \/>\n<\/a><br \/>713-876-0105\n<\/p>\n<p><b><span class=\"bwuline\">For TechnipFMC <\/span><\/b><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Matt Seinsheimer<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>Tel: +1 281 260 3665<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:InvestorRelations@TechnipFMC.com\">Matt Seinsheimer <\/a><\/p>\n<p>\nJames Davis<br \/>\n<br \/>Senior Manager, Investor Relations<br \/>\n<br \/>Tel: +1 281 260 3665<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:InvestorRelations@TechnipFMC.com\">James Davis <\/a><\/p>\n<p><b>Media relations <\/b><\/p>\n<p>\nNicola Cameron<br \/>\n<br \/>Vice President, Corporate Communications<br \/>\n<br \/>Tel: +44 1383 742297<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:media@technipfmc.com\">Nicola Cameron <\/a><\/p>\n<p>\nCatie Tuley<br \/>\n<br \/>Director, Public Relations<br \/>\n<br \/>Tel: +1 713 876 7296<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:media@TechnipFMC.com\">Catie Tuley<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States South America Guyana North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210707005766\/en\/564651\/3\/TechnipFMC_H_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil Technology enables digital transformation of offshore development project in Guyana HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) and Halliburton Company (NYSE: HAL) today announced they received an OTC Spotlight on New Technology Award\u00ae (SONT) for their Odassea\u2122 Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. ExxonMobil selected the solution for its Payara development project in Guyana. The award followed completion of front-end engineering and design studies and qualifications. \u201cWe are excited to win OTC\u2019s Spotlight Award and deploy Odassea\u2122 in Payara, the industry\u2019s largest subsea fiber optic sensing project,\u201d said Trey Clark, vice president of Halliburton Wireline and Perforating. \u201cBy collaborating with TechnipFMC, we combine our sensing and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil&#8221;<\/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-510558","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil - 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\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil Technology enables digital transformation of offshore development project in Guyana HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) and Halliburton Company (NYSE: HAL) today announced they received an OTC Spotlight on New Technology Award\u00ae (SONT) for their Odassea\u2122 Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. ExxonMobil selected the solution for its Payara development project in Guyana. The award followed completion of front-end engineering and design studies and qualifications. \u201cWe are excited to win OTC\u2019s Spotlight Award and deploy Odassea\u2122 in Payara, the industry\u2019s largest subsea fiber optic sensing project,\u201d said Trey Clark, vice president of Halliburton Wireline and Perforating. \u201cBy collaborating with TechnipFMC, we combine our sensing and &hellip; Continue reading &quot;TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-07T20:18:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210707005766r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil\",\"datePublished\":\"2021-07-07T20:18:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/\"},\"wordCount\":645,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210707005766r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\\\/\",\"name\":\"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/","og_locale":"en_US","og_type":"article","og_title":"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil - Market Newsdesk","og_description":"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil Technology enables digital transformation of offshore development project in Guyana HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE:FTI) and Halliburton Company (NYSE: HAL) today announced they received an OTC Spotlight on New Technology Award\u00ae (SONT) for their Odassea\u2122 Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. ExxonMobil selected the solution for its Payara development project in Guyana. The award followed completion of front-end engineering and design studies and qualifications. \u201cWe are excited to win OTC\u2019s Spotlight Award and deploy Odassea\u2122 in Payara, the industry\u2019s largest subsea fiber optic sensing project,\u201d said Trey Clark, vice president of Halliburton Wireline and Perforating. \u201cBy collaborating with TechnipFMC, we combine our sensing and &hellip; Continue reading \"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-07T20:18:23+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210707005766r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil","datePublished":"2021-07-07T20:18:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/"},"wordCount":645,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210707005766r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-and-halliburtons-subsea-fiber-optic-solution-selected-by-otc-and-exxonmobil\/","name":"TechnipFMC and Halliburton\u2019s Subsea Fiber Optic Solution Selected by OTC and ExxonMobil - 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