BHGE unveils cost-saving subsea solution
30 November, 2018
Baker Hughes, a GE company (BHGE), has unveiled its new approach to subsea development dubbed Subsea Connect.
The suite of lightweight, modular technologies is designed for the full life of a field and BHGE believes they can unlock an additional 16bn barrels of reserves globally.
Subsea Connect is made of four components: Project Connect; Reservoir to Topsides Technology Solutions; Flexible Partnerships and Commercial Models; and Digital Enablement.
BHGE believes it can influence 80% of the costs associated with offshore projects through its fullstream portfolio.