New venture offers
HP/HT solutions are a key focus, says OneSubsea CEO
In May 2013, Cameron and Schlum- berger announced the creation of One- Subsea, a company that specializes in the manufacture and development of products, systems, and services for the
subsea oil and gas market.
The new company was designed to offer
a step change in reservoir recovery for the
subsea oil and gas industry through integration and optimization of the entire production system over the life of the field.
Under the terms of the formation agreement, Cameron contributed its existing sub-sea division and Schlumberger contributed
Framo Engineering, as well as its surveillance, flow assurance, and power/controls
In September 2014, Mike Garding was appointed CEO for OneSubsea. Prior to joining the new joint venture, he had served as
president of completions for Schlumberger.
Garding began his career with Schlumberger in 1984 as a wireline field engineer in the
Gulf of Mexico.
He has held various management positions since then, including vice president
and general manager of engineering, manufacturing and sustaining; director of human
resources for North America; and vice president of wireline, North and South America.
Recently, Offshore met with Garding to discuss the company’s achievements to date, the
challenges he sees for the industry going forward, and the ways in which the new venture
can help the offshore oil and gas industry address those challenges.
Offshore: What led to the creation of OneSubsea? Can you elaborate on the market
forces, or conditions, that led to the creation
of this new company?
Garding: Schlumberger and Cameron
have had an excellent working relationship
for many years, collaborating on various projects and having sold products to each other.
The creation of OneSubsea began with dis-
cussions as to how we might work together
to optimize the various components of a sub-
sea production system, incorporating critical
information from the reservoir and the well
in order to improve production and enhance
recovery for our clients. We had many ideas
and could see a number of opportunities
to do this. We discussed
various options in order to
develop and deliver these
ideas. It did not take very
long before we came to the
realization that the creation of a new compa-
ny, which brought together the necessary ex-
pertise from both Cameron and Schlumberg-
er, would be the best approach and would be
unique within our industry.
Offshore: How does the combination of
Schlumberger and Cameron offer the sub-sea market a unique service or capability?
What advantages does this type of venture
offer subsea operators?
Garding: OneSubsea provides Pore to
Process solutions, which are based on our
unique approach for optimizing production
and enhancing recovery. The Pore to Process
approach delivers advantages by integrating
expertise, knowledge, and technologies from
the reservoir pore space all the way through
the well, through the completion, through
the production system, and up to a host facility. By collaborating with clients, OneSubsea
aims to help them achieve their production,
OneSubsea has more than 50
years of subsea tree innovation,
including the first subsea tree,
the first horizontal Spool Tree,
and the first 15k psi subsea tree.
(Photos courtesy OneSubsea)