NST AS receives Intention Agreement with OMV Norge AS

New Subsea Technology AS (NST) received a Letter of Intent (LOI) from OMV Norge AS, confirming their intention of actively participating as a partner and financial contributor to the Joint Industry Project (JIP) to develop the Integrated Drilling and Production System (IDPS) by NST. The JIP start-up is expected in Q3 2017.

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Intention Agreement with Aker BP

New Subsea Technology AS (NST) received a Letter of Intent (LOI) from Aker BP the 21st of June 2017, confirming their intention of actively participating as a partner and financial contributor to the Joint Industry Project (JIP) to develop the Integrated Drilling and Production System (IDPS) by NST. The project has an anticipated start in Q3 2017.

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Vision

New Subsea technology AS is recognized as the main contributor to fundamentally changing the subsea oil and gas industry by introduction of innovative and sustainable cost effective solutions.


 

Sustainable Innovation

New Subsea Technology AS works to develop smarter and more cost effective subsea well solutions through sustainable technology innovation.

In Depth Knowledge 

An extensive understanding of customer requirements and in depth knowledge of the well requirements is utilised to create cost effective designs and solutions for the customer.

Intervention Technology

The latest developments in ROV intervention technology and subsea intervention vessel technology is considered to simplify and integrate design and operations for full well life cycle requirements.

Next Generation

The solution is the next generation of subsea well constructions, Invented by New Subsea Technology AS.