Requests have increased significantly after two succsessful operations with Aker BP and the new alliance with Halliburton.
The response has been overwhelming. Several firms wish to buy Optime Subseas innovative products.
This increase in commissions came simultaneously with the deadline for applications -and the last covid-19-lockdown.
Thus the application deadline is postponed until April 30th.
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-We Simplify Subsea
Companies will jointly commercialize and deploy subsea interventions and controls to improve safety and efficiency.
HOUSTON– March 7th, 2021– Halliburton Company (NYSE: HAL) and Optime Subsea today announced they formed a global strategic alliance to apply Optime’s innovative Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services.
The companies will also collaborate and offer
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 and lower cost.
Both companies will work to advance subsea technologies and Halliburton will offer Optime’s technologies as a service across its global portfolio.
“We are excited to work with Optime and leverage their technologies within our existing subsea and intervention solutions,”
Daniel Casale, Vice President of Testing and Subsea
“This alliance will provide operators with previously unavailable capabilities that can be mobilized quickly and reliably to reduce operational time, cost, and safety risk.”
Strong Mutual Alliances
“We believe that strong mutual alliances across the vertical supply chain drives continuous improvements needed in our industry.”
Jan-Fredrik Carlsen, CEO of Optime Subsea
“By solidifying this relationship with Halliburton and combining their well-established, reputable service and technology capabilities with Optime’s innovative controls and intervention technology, more customers will have access to these cost-efficient subsea solutions.”
Discover the System ROCS: Do you want to ROCS Subsea?
Founded in 1919, Halliburton is one of the world’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 – 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’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
Founded 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 – simplifying subsea.
Discover the System SCILS: SCILS and the Creation of a Unique Company Culture
For additional information, please reach out to the following:
| For Halliburton Investors: Abu Zeya Halliburton, Investor Relations Investors@Halliburton.com 281-871-2633 Media: William Fitzgerald Halliburton, External Affairs PR@Halliburton.com 713-876-0105 |
| For Optime Subsea Investor relations Jan-Fredrik Carlsen Optime, Notodden, Norway jfc@optimesubsea.com +47 414 60 996 Media relations Thor Lovland Optime, Houston, TX tal@optimesubsea.com +1 832 904 6842 |
Optime’s subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP. The ROCS eliminates the umbilical during well completions.
This is not just a first system use, but also a first type of operation for the industry.
ROCS was deployed during a completions operation for a production well for Aker BP on the Ærfugl-field on the Norwegian Contintental Shelf in late February.
-This is a major achievement! Optime has developed ROCS over several years and from looking at the total work hours available internally, we have spent a significant share of resources on this development.
Together with Aker BP we have now achieved success on the first operation offshore. I believe that is a great accomplishment and the start of a major industry transition with this system.
Jan-Fredrik Carlsen, CEO at Optime Subsea
Through ROCS, Optime is contributing to increased efficiency for the oil and gas industry in numerouis ways. ROCS is remotely:
– We have now completed a successful operation on the Ærfugl-field using Optimes ROCS. The operation was planned in great details, allowing for a safe execution. Imbedded in Aker BP is the continous drive towards technology that permanently improves our subsea well operations.
ROCS is a good example of that, as it reduces HSE risk, optimizes operations and also reduces the overall cost for us, says Mads Rødsjø, head of Aker BP’s subsea well operations.
Read the amazing story behind the SCILS and the creation of a unique company culture
-Through the use of ROCS we have been able to move tonnes of actual equipment from the rig, as well as mechanical and hydraulic interfaces, into a simple and efficient software. This is truly digitalization, says Rødsjø.
Optime signed a frame agreement with Aker BP January of 2019. The agreement includes work on Aker BPs subsea systems for two years, with an additional 2 year extension.
– Aker BP and their competence as well as focus to leverage innovative technology, is fundamental to continous industry improvements. This reduces the environmental footprint, improves efficiency, increases safety, and reduces cost – we believe it will create a new industry norm,
Jan-Fredrik Carlsen, CEO at Optime Subsea
Optime Subsea is based with its HQ on Notodden, Norway as well as office in Houston, Texas. Over the last years it has established itself as a leading specialist on subsea intervention and controls systems globally.
Come work with us: We´re hiring like never before – Right now, we have 5 vacant positions
When completing subsea wells, the tubing hanger is placed on top of the well head, as a seal towards the rest of the subsea well.
For additional information, please reach out to the following:
(Norwegian) Jan-Fredrik Carlsen, CEO Optime, cell: +47 414 60 996 , email: jfc@optimesubsea.com
(International) Thor-Arne Lovland, CCO Optime, cell: +1 832 904 6842, email: tal@optimesubsea.com
The world’s largest pressure chambers were recently unveiled, when NUI opened its hyperbaric test centre on the 1st of September 2020. The pressure chambers, named Asterix and Obelix, feature a unique design combined with high functionality. Built by Optime Subsea, they are the largest in their class.
“Asterix and Obelix were a distinctive challenge as far as pressure chambers are concerned, because they are unique on both a Norwegian and international scale,” says Rolf Røssland, CEO of NUI AS.
What made this project unique is first and foremost that both pressure tanks are amongst the world’s largest.
“The pressure chambers we have delivered to NUI are, as far as we understand, the biggest in their class globally. Obelix has an inner diameter of 1.8 metres and a maximum pressure of 700 bars, while Asterix has an inner diameter of 1.2 metres and a maximum pressure of 1000 bars. This corresponds to water depths of 7 000 and 10 000 metres, respectively,” explains Jan-Fredrik Carlsen, CEO of Optime Subsea.
The size of these pressure chambers enables the testing of large machinery, which are to be sent down to extremely deep water. Both Carlsen and Røssland are happy about both the collaboration and the end result.
“I am very pleased with the delivery from Optime Subsea. What characterises a good manufacturer is not just delivering a good end product, but also how they handle the challenges along the way. Optime has proven to be the right choice for us. All obstacles have been handled well by a professional team and the end product is absolutely in line with expectations,” says Røssland.
Each chamber weighs 140 tonnes and was built, tested, and certified for use at Optime Subsea in Notodden. Next, the pressure chambers were transported and then installed at NUI in Bergen. The project to complete and deliver the chambers was set at 35 million Norwegian Krones.
Both Asterix and Obelix have Optime Subsea’s unique design and technical solutions onboard. To date, the oil service company has delivered 12 pressure chambers, in different sizes and with different pressures, globally.
Pressure chambers are mostly used to test machines that are to be sent down into deep water. This is to ensure that they can withstand the ambient pressure at their particular water operating depth.
“Companies operating in subsea oil and gas are the primary customers for such systems. However, we have also delivered smaller pressure chambers to various institutions that will send machines into the sea for research purposes. In addition, we are actively developing solutions for other industries. For example, we see pressure processing of food and lumber as one of many exciting future opportunities,” adds Jan-Fredrik Carlsen.
Optime Subsea’s philosophy is to develop innovative and cost-effective solutions that will simplify a client’s operations. In recent years, Optime has worked hard to develop a broad expertise in pressure related technology, which will without a doubt benefit both existing and future customers.
Optime Subsea is actively working to both develop and preserve local expertise, not just for the benefit of the industry but for the county municipality as a whole.
Strategically located at the edge of ‘Energy Valley’ Optime Subsea has experienced both success and growth since its inception in 2015. For Optime Subsea, internal expansion and development are of the utmost importance. In order to achieve this they utilise the vast pool of talent that is to be found in the local area. This in turn positions Optime Subsea as a major contributor to the overall economic wellbeing of the Vestfold and Telemark regions.
– Despite the fact that we have grown from only four employees to almost 50 in just five years we are still a relatively small player in our industry. This means competition from China and other low-cost countries is fierce. Fortunately we have many high quality suppliers right here in Vestfold and Telemark and we choose to deal with these suppliers and to build close relationships to increase future collaboration.
Jan-Fredrik Carlsen, CEO of Optime Subsea
– We have our offices on the edge of what is known as Energy Valley, a location consisting of a cluster of companies boasting an incredible amount of expertise. But where some of our competitors might choose to move this expertise out of Norway, we want to conserve it. It is precisely by preserving and developing this unique talent that we will also contribute to the growth of this industry in Norway, Carlsen continues.
Optime Subsea’s primary business consists of services related to the maintenance of subsea offshore installations and was established, according to Carlsen, to offer a more cost-effective alternative in an increasingly expensive industry.
– We were four colleagues who made the decision to start our own business when we observed that the subsea maintenance industry was becoming significantly more expensive. We had a vision to develop new cutting-edge technology that would reduce the cost and time required for subsea operations, thereby offering cost-effective solutions for installations, maintenance and retraction of oil and gas wells.
Jan-Fredrik Carlsen
– In our company, we work with systems engineering, so we have high skill levels within the many various engineering disciplines. Our engineers build the component elements for our products which are then assembled and tested in our own production facility in Notodden. Optime Subsea then outsources the machining of parts to local subcontractors in Vestfold and Telemark, thus contributing to economic growth in the county municipality, continues Carlsen.
After having entered the business as a versatile alternative to the traditional big players, Carlsen believes that a large part of the company’s success is down to the work they do to help develop their own workforce.
– It is the employees who in reality are the core value of our company, so it is naturally very important for us to take care of them. Among other things, we offer development through further education and a variety of other courses that support the skillset we strive to possess in Optime Subsea, he adds.
– The fact that we entered this business as an adaptable alternative in an often rigid industry, and by doing so gained many satisfied customers, proves our capacity for further growth. We are innovative, forward-thinking and with a working culture based on team spirit. Our success is down to the reality of starting with a blank sheet, and from there we developed a completely new, cost-effective and revolutionary technology utilising local know-how, Carlsen finishes.
The text above is a translated version of Andreas Aguilera Myrvold’s text at www.næringslivnorge.no.
Our board of directors includes proficient persons with broad competence and experience from different fields and companies.
We are proud to introduce our newest board members; Tone-Marie Amlie Wahlstrøm and Svenn Ivar Fure. They will be valuable contributors to our board.
Tone-Marie Wahlstrøm is Head of Customer Centric Banking in TietoEVRY and one of our new board members. She occupies a deep professional competence about digitalisation processes. Tone Marie has at impressing short time build up an innovative department at her present employer, by addressing the possibilities and the challenges the digital shift represents.
– Tone Marie complements the board with her digital competence. I hope she can bring new perspectives to the board, based on her experiences from other industries.
Jan-Fredrik Carlsen, CEO at Optime Subsea
– Being an intrepreneur, an entrepreneur in a bigger firm, Tone-Marie has an understanding of what it takes to build and scale up a company like Optime. An effective up scaling requires the ability to digitalize more of the processes which today are done manually or by ineffective systems. We believe Tone-Marie will guide us in this work, Reidar Tveiten, Chair of the Board, says.
Our new board member Svenn Ivar Fure is CEO at Norsun. He has a considerable relevant strategic and operational experience. As a board member he will be an excellent sparring partner in the phase Optime now is moving into.
– Being CEO in a technology company, Sven Tore has valuable insights from another industry, which may have overlapping issues with Optime. He can provide Optime with valuable insights.
Reidar Tveiten, Chair of the Board
– Working with him at an earlier employer I have competed with Svenn Ivar. He did undoubtedly a very good job selling competing solutions. I therefore look forward to discussing commercial as well as operational issues with him, Jan-Fredrik Carlsen says.
For over a decade, Optime has been the driver in moving hydraulic energy and control from topside to the seabed. This technology is also proving beneficial for All-Electric fields, where certain valve functions may require hydraulic control. Equinor have selected Optimes Hydraulic Pump for its future All-Electric initiative.
All-Electric solutions are attractive in subsea systems for enabling cost effective and standardised field developments. In traditional systems, hydraulic valves and equipment on the seabed is supplied and controlled from topside via hydraulic piping over long umbilicals. All-Electric fields may eliminate most of these hydraulic elements as well as related cost and risk by actuating all the valves and controls electrically. The last remaining valve to be operated by hydraulics is the Surface Controlled Subsurface Safety Valve (“SCSSV”). This is where Optime’s subsea hydraulic pump (“sHPU”) is providing local hydraulic power and control subea, and as such succesfully enabling the Operators to implement their new All-Electric technology.
“We have worked with Equinor on identifying the most optimized technical and commercial solution for its All- Electric subsea production systems for a while. By leveraging our experience in subsea hydraulic pump technologies, we now have a single unit pump, with redundant pistons and electronics that only requires almost the same amont of power as a lightbulb. This sHPU will contribute to optimizing project implementation cost to assist future operators drive to more electric and potential unmanned subsea production fields”.
Jan-Fredrik Carlsen, CEO Optime Subsea
The implementation of an All-Electric water depth independent system is a big step towards cost effective subsea solutions for the future. It allows for digitalization to increase control, maintenance, and source all the power from cleaner resources. While it is the intent to have all electrical controls and equipment, Equinor has selected Optime to provide this very small, low-cost and robust sHPU to drive all of its SCSSV valves where electric controls is not preferred. Eliminating the hydraulics in the host umbilical will enable new opportunities in field development, as well as making smaller fields safer, greener and financially attractive.
Jan-Fredrik Carlsen, CEO Optime Subsea
“Last year we delivered the subsea electric power and distribution control module for ABB with its partners in Equinor, Total and Chevron. Now, we are providing the sHPU for Equinor – both developments being All-Electric driven. Continuing this path, but with a significantly greater value directed at operators’ mature field and their cost reducing efforts, is our completed fully autonomous subsea battery and software controls system. The subsea industry is continously in the forefront technically and for future innovative, cheap and environmentally friendly solutions – we believe to be positioned as a preferred partner”
For further information, please contact:
(Norwegian) Jan-Fredrik Carlsen, CEO Optime, tel: +47 414 60 996 , email: jfc@optimesubsea.com
(International) Thor-Arne Lovland, CCO Optime, tel: +1 832 904 6842, email: tal@optimesubsea.com
As a long leading expert within testing and verification of subsea tools and equipment, NUI makes a new investment in two ultra-deep pressure chambers from Optime Subsea. One 1000 bar named Asterix and one 700 bar named Obelix.
The chambers unique design, with supplied test baskets and parking stands, makes the mobilisation and equipment loading into chambers safe and efficient.
Read more about the delivery on NUI.no, or follow this link: https://www.nui.no/2020/07/02/deepest-and-largest-pressure-chambers-nuis-new-test-facilities/
A beacon in today’s market; Optime’s innovative technology contracted by Aker BP
After years of developing a technology that removes umbilical controlled tubing hanger operations, Optime Subsea have reached the point where they are ready to bring their system into operation. Aker BP will be the first user of a system to increase safety, and reduce operational time, cost, and environmental risk.
The globally dedicated intervention and controls provider Optime Subsea, based in Notodden, Norway, with office in Houston, TX, have established their position as an independent and preferred controls and intervention provider. Their relationship with Aker BP started with Optime’s innovative Subsea Controls & Intervention Light System («SCILS») on the semi-submersible drilling rig, Deepsea Nordkapp, owned and operated by Odfjell Drilling. This collaboration has now been extended with Aker BP bringing Optime’s Remotely Operated Controls System (“ROCS”) onboard this same rig.
“In Aker BP we are continously working on improving our subsea operations, making them safer, simpler and more cost efficient. This contract award will be an important part of this work, as well as acknowledging the continued successful collaboration with Optime. We have identified another breaktthrough technology which will further improve our operations. With ROCS, Aker BP can substantially reduce its completions time and cost by removing the umbilical. We avoid the costly mobilization, increase our weather window, as well avoid unneccessary “Red Zone” work”, acknowledges Mads Rødsjø, Special advisor Aker BP Drilling & Well
Controlling the tubing hanger running tool is currently done through a dedicated umbilical controlled from a large topside hydraulic unit. When deploying, the umbilical is clamped to the riser for increased stabilization. The operation is traditionally time consuming, and the clamping will result in hours of additional higher risk operations. Using the ROCS will significantly reduce the time spent on this operation. Optime’s ROCS offers the same controls functionality to the tubing hanger, without the topside hydraulic unit and without a large, heavy and costly umbilical and controls system.
“Until completing a few runs we will not be able to affirmatively state the total days in savings for subsea well completions, but we are convinced that this system will provide Aker BP and all other operators days, not hours, in savings, for every single well. Although today’s market is hard to predict, we are definitely able to see the future with this system being ready by end of the year – there will be tremendous industry wide cost savings for everyone”, Trond Løkka, Optime’s Business Development Manager confirms.
Going back to 2015 when the oil and gas industry went through what was at the time one of the worst downturn the market had seen, Optime invested in developing the SCILS, a subsea pump IWOC system being used in various cost reducing subsea intervention applications. This ROCS delivery is now being kicked off in what appears to be the worst downturn in the indusrty to date. Timing for new technology doesn’t seem to be a coincidence for Optime.
“We are a company that grows organically. Although that can be a slower path to success, if we leverage our unique technological controls and intervention expertise, we are able to turn these major industry changing events into an opportunity to help and lead in the new market. Thanks to Aker BP’s focus on technology improving operations, we believe this to be one of those game changing moments for the industry “, Jan-Fredrik Carlsen, Optime´s CEO says.
For further information, please contact:
(Norwegian) Jan-Fredrik Carlsen, CEO Optime, tel: +47 414 60 996 , email: jfc@optimesubsea.com
(International) Thor-Arne Lovland, CCO Optime, tel: +1 832 904 6842, email: tal@optimesubsea.com
Optime Subsea have secured a large international contracts as a direct result of increasing its product portofolio.
Optime have developed its competence, as well as products and systems, to include topside equipment interfacing to its subsea systems.
In order to control Opime’s existing subsea systems, it will require a cable/umbilical to provide power and communication signals from the topside computer systems, subsea. This cable is spooled on a reel managing both bend and tension, down to 3 000m water depth.
These new systems, the reel and the operator cabin combined with a test hydraulic unit, are now designed and ready for delivery.
Read the full news on Subseanewsworld.com