SLB (NYSE: SLB), an American oilfield services company, through its OneSubsea joint venture (JV), has teamed up with C-Power and Subsea7 S.A. (OTC: SUBCY) to explore innovative ocean energy solutions. The focus of this partnership is to develop a low-cost, low-carbon power source for subsea applications.
SLB OneSubsea's Integrated Solution
SLB OneSubsea, the JV backed by SLB, Aker Solutions and Subsea7, will provide an integrated subsea system, including electric actuation and wireless telemetry, to support the 18-month field test of C-Power's SeaRAY autonomous offshore power system (AOPS). This project has garnered the support of the U.S. Department of Energy, further cementing its importance in advancing renewable ocean energy technologies.
C-Power's CEO, Reenst Lesemann, emphasized the significance of the collaboration, noting that Subsea Integration Alliance partners SLB OneSubsea and Subsea7 are leaders in subsea products and services. He pointed out that both companies align with C-Power's vision for reducing the cost, complexity and carbon intensity of offshore operations through remote power generation and data communications.
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