Subsea 7 has signed an agreement establishing a worldwide non-incorporated alliance with OneSubsea, a Cameron and Schlumberger company, according to a news release.

As part of the agreement, the two will jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface expertise, subsea production systems (SPS), subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF) and life-of-field services.

The alliance will bring together Subsea 7’s experience and technology in seabed to surface engineering, construction and life-of-field services with OneSubsea's reservoir expertise and subsea production and processing systems technologies, the release said.

The alliance will combine both companies' resources to collaborate on selected projects, engaging early to improve field development planning from the reservoir to the production facility. By combining the capabilities and technologies of OneSubsea and Subsea 7, the alliance will work collaboratively with clients to design, develop and deliver integrated SPS and SURF solutions that aim to enhance project delivery, improve the recovery and optimize the cost and efficiency of deepwater developments for the life of the field, according to the release.