ABS and Hanwha Ocean have agreed to explore new technology projects together with the signing of an Offshore Technology Collaboration Agreement (OTCA).
The agreement is the foundation for collaboration on a succession of projects leveraging each company’s core competencies under three broad themes: sustainability, digitalisation and artificial intelligence and operational technology cybersecurity. The agreement aims to support the commercialisation of a broad range of innovative technological advancements and solutions, green retrofit products and services such as carbon capture, wind assistance, electrification and energy efficiency measures.
Miguel Hernandez, ABS SVP Global Offshore said: “This is an exciting milestone for offshore innovation. This agreement with Hanwha Ocean will allow both organisations to take advantage of our collective resources and extensive experience to accelerate the development of clean energy solutions, unique to offshore applications.”
Philippe Levy, President, Offshore Business, Hanwha Ocean added: “As part of the same team, ABS and Hanwha Ocean have resources and expertise to accelerate innovation and embed our technology developments within execution and operations. This agreement will structure our ambition to propose safe, sustainable, and affordable energy for opportunities ahead, especially for strategic clients developing world-class reservoirs with low break-evens and low carbon intensity.”
With offshore expertise and innovation spanning more than 70 years, ABS provides guidance and assesses new and evolving solutions to help safely manage assets for sustainable offshore operations.
Image: Philippe Levy, Hanwha Ocean, and Miguel Hernandez, ABS (source: ABS)
