The Odassea service integrates hardware and digital systems, allowing operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce ownership cost.
Halliburton will provide the fibre optic sensing technology, as well as completions and analysis for reservoir diagnostics, while TechnipFMC will provide the optical connectivity from the topside to the completions.
Halliburton Wireline and Perforating vice-president Trey Clark said: “We are excited to introduce a new technology platform, which allows our customers to monitor reservoir performance in real-time.
“By collaborating with TechnipFMC, we can harness our combined subsurface and subsea expertise to deliver differentiated products to the marketplace that provide value for our customers.”
According to TechnipFMC, oil and gas operators can advance full-field subsea fibre optic sensing, design and execution through the collaboration.
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The two companies are delivering technology solutions to various subsea projects at all phases, right from conceptual design to the execution and installation phase.
TechnipFMC Subsea Product Management Control and Automation vice-president Christina Johansen said: “This project enables an enhanced level of reservoir understanding for our customers and expands our unique integrated subsea solution.
“We are proving that we can leverage the competencies and know-how to drive the change our industry needs for a higher level of sustainability.”
In April this year, Halliburton reported a net loss of $1bn for the first quarter of this year and outlined its largest budget cut.