Shell, Subsea 7 unit sign collaborative technology agreement
Feb. 18, 2020
Shell and i-Tech 7, Subsea 7’s Life of Field business unit, have entered into a collaborative technology agreement to accelerate subsea digitalization, initially for a period of 5 years from the fourth quarter of 2019.
Shell International Exploration & Production Inc. and i-Tech 7, Subsea 7’s Life of Field business unit, have entered into a collaborative technology agreement to accelerate subsea digitalization, initially for a period of 5 years from the fourth quarter of 2019.
The agreement aims to fast-track innovation and streamline the adoption of applied technologies in areas such as marine robotics, advanced sensing, artificial intelligence, and autonomous systems to address the industry’s challenges to improve safety, cost-efficiency and sustainability, i-Tech 7 said in a Feb. 18 press release.
“Digitalization will support Shell to become a world-class investment case by improving our productivity, reliability and performance as well as reducing the costs of our assets,” said Christian George, Shell vice-president of wells, deep water, and surface engineering technology.
