PARIS– FMC Technologies and Technip's 50/50 joint venture, Forsys Subsea, has received all regulatory approvals and is now operational.
Forsys Subsea looks to reduce the interfaces of the subsea umbilical, riser, and flowline systems, and subsea production and processing systems. It also intends to simplify the seabed layout to reduce complexity, accelerate time to first oil, and enable higher sustainable field production.
The company is headquartered in London, with regional hubs in Houston, Oslo, Paris, Rio de Janeiro and Singapore.
The Forsys Subsea leadership team includes Rasmus Sunde (FMC Technologies) as CEO, Alain Marion (Technip) as CTO, Arild Selvig (FMC Technologies) as senior vice president and head of Front-End Engineering, and Gerald Bouhourd (Technip) as senior vice president and head of Life of Field.