SLB and SBM Offshore have announced an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems.
The alliance brings together SLB’s digital and domain expertise in subsurface, subsea, surface production, and recovery with SBM Offshore’s digital and full floating production, storage, and offloading (FPSO) vessel lifecycle capabilities. The companies said they plan to use their respective digital capabilities to create an artificial-intelligence (AI) -powered digital ecosystem that enhances FPSO digital asset management, improving uptime performance and reducing total cost of ownership for offshore operators.
“This exclusive alliance with SBM Offshore marks a pivotal moment in offshore assets production and recovery,” said Rakesh Jaggi, president of digital and integration at SLB. “By integrating decades of operational data and domain expertise through SLB’s scalable digital platform, we’re not only unlocking actionable insights, we are optimizing the FPSO value chain to enhance asset performance. Together, we are committed to delivering measurable value and operational excellence to our customers.”
The digital ecosystem will integrate SBM Offshore’s operational workflows, data, and lifecycle expertise with SLB’s digital technologies, including its OptiSite software, which is enabled by Cognite Data Fusion as part of SLB’s Lumi data and AI platform. Once fully realized, the digital ecosystem aims to empower offshore asset operators across operations, maintenance, and engineering to identify and resolve challenges before they escalate. SLB says this will be achieved through real-time, contextualized insights drawn from the full asset infrastructure, including subsea wells, risers, flowlines, and topside systems workflows.
“This strategic alliance with SLB is a natural evolution of our digital strategy and mirrors our ambition to digitalize the FPSO operations,” said Olivier Icyk, chief business officer at SBM Offshore. “Together with SLB, we combine complementary industry-leading expertise, experience, data driven work processes and proven services and technologies, which will enhance further full-field optimization, thanks to this unique vertical integration from reservoir to FPSO.”