Enpro Subsea and DOF Subsea in Flow Intervention Alliance
- Business & Finance
Enpro Subsea and DOF Subsea have struck a memorandum of understanding (MoU) which will leverage each company’s expertise and portfolio of assets to deliver production solutions throughout the life of field.
Their announcement, at the Subsea Tieback Forum and Exhibition in Galveston, Texas, sees Enpro’s patented flow intervention services (FIS) and flow access modules (FAM) technologies being deployed from DOF Subsea’s fleet of construction and intervention vessels.
The agreement will allow both companies to work together to pursue targets in the Atlantic region.
Raymond Semple, chief operating officer with DOF Subsea, said: “Enhanced recovery is a crucial element of our industry´s continuing efforts to effect sustainable improvements to subsea project economics.
“We are excited to be competitively coupling the complementary capabilities of DOF and Enpro to provide an independent and integrated service offering to operators to enhance production from their existing capital infrastructure.”
Enpro Subsea managing director, Ian Donald, said: “The collaboration with DOF Subsea is an exciting step forward for Enpro as this partnership will allow us to offer a full service offering to new and existing customers as we look to target projects in the Atlantic region line with our growth strategy.
“Our MoU with DOF Subsea allows us to integrate our enhanced production technology into their class leading fleet and offer an integrated solution to new customers.”