ABB has received a grant from the Research Council of Norway to develop subsea technology to be used in the Norwegian Continental Shelf and the Barents Sea.
The Nkr10m ($1.16m) research grant represents the third award for ABB under the council’s DEMO2000 initiative that facilitates long-term competitiveness among the operators working in the Norwegian oil and gas industry.
Previous two funding amounts received by ABB last year totalled Nkr20m ($2.33m).
ABB is currently engaged in a five-year joint industry programme (JIP) that started in 2013.
The JIP is aimed at developing pressure-compensated electrical and control equipment to move oil production systems from surface platforms to the seabed.
The Research Council of Norway has granted Nkr85m ($9.89m) to support this research, with 13 projects receiving funding.
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ABB received this funding allocated over three years, following a positive assessment of the feasibility and cost financing of its research by an expert panel from the council.
ABB Oil, Gas and Chemicals business managing director Per Erik Holsten said: “We are pleased to receive this important contribution to our development of subsea power solutions.
“This award recognises ABB’s continued innovation in subsea technologies around the world. The research result will contribute to the creation of a complete subsea 'factory', turning the vision of leading oil and gas companies into reality.”
In 2013, ABB entered the JIP with multiple oil companies. The programme outlines developing an autonomous subsea ‘factory’ that can be powered and controlled from onshore.
It plans to develop equipment that can transmit electrical power up to 100MW, delivered over 600km, and able to operate at a water depth of 3km for 30 years with little or no maintenance required.
Initially, installation of the subsea power products in the real offshore production site is expected to start in 2020.