The Suriname arm of Malaysian giant Petronas has signed a strategic collaboration agreement with Subsea Integration Alliance, which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development projects in Suriname. Through early engagement and integrated execution, the collaboration aims to simplify complex procurement processes, reduce total development costs and enhance delivery certainty. Optimising project timelines, combined with reduced execution risk, will enhance project economics and unlock opportunities across a portfolio of prospects in Suriname. Under the framework, the Subsea Integration Alliance will provide pre-FEED, FEED, and EPCIC solutions for multiple prospective projects. The scope includes subsea umbilicals, risers, and flowlines from Subsea7, as well as subsea production systems from SLB OneSubsea. “The agreement builds on our track record of collaborating with our clients to drive value creation by delivering optimised development solutions. We are excited to see the positive impact this work will have in the region,” said Craig Broussard, SVP for Subsea7. This comes days after offshore drilling contractor Valaris signed a strategic collaboration deal with Petronas Suriname and Halliburton to support offshore development in the Guyana-Suriname Basin. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsMalaysia Norway Suriname