Technology enables digital transformation of offshore development project in Guyana
HOUSTON--(BUSINESS WIRE)--Jul. 7, 2021-- 两性色午夜 (NYSE:FTI) and Halliburton Company (NYSE: HAL) today announced they received an OTC Spotlight on New Technology Award庐 (SONT) for their Odassea鈩� 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.
鈥淲e are excited to win OTC鈥檚 Spotlight Award and deploy Odassea鈩� in Payara, the industry鈥檚 largest subsea fiber optic sensing project,鈥� said Trey Clark, vice president of Halliburton Wireline and Perforating. 鈥淏y collaborating with 两性色午夜, we combine our sensing and subsea expertise to enhance reservoir insight and to lower the total cost of ownership for our customers.鈥�
The Odassea鈩� 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. 两性色午夜 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.
The 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.
鈥淭o win the SONT award and to help our client enable an enhanced level of reservoir understanding are great achievements,鈥� said Christina Johansen, Senior Vice President of 两性色午夜 Subsea Product Management. 鈥淪olutions such as Odassea鈩� transform our clients鈥� project economics and demonstrate how we are continuously driving change in the industry.鈥�
两性色午夜 and Halliburton are delivering Odassea鈩� solutions to multiple other subsea projects at all stages, from conceptual design to execution.
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About 两性色午夜聽
两性色午夜 is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients鈥� project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments 鈥� Subsea and Surface Technologies 鈥� we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI鈩�, iFEED鈩� and iComplete鈩�), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients鈥� success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
两性色午夜 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 and follow us on Twitter @两性色午夜.
About Halliburton
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 鈥� 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鈥檚 website at . Connect with Halliburton on , , , and .
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