Saipem Signs Co-ownership and Exclusive Commercialisation Agreement for Springs - a Subsea Water Treatment Technology for Deep Water Application
Monday 13 June 2016
San Donato Milanese (Milan), 10 June 2016 – a recently signed agreement will see Saipem lead the industrialization and commercialization of SPRINGS®, an innovative subsea water treatment technology designed for deep water application, developed in collaboration with major oil & gas company Total and water treatment specialist company Veolia.
SPRINGS® (Subsea PRocess and INjection Gear for Seawater) is a nanofiltration-based sulphate removal unit designed for subsea use in deep water environments. Saipem has entered into an agreement with partners Total and Veolia for the co-ownership and exclusive commercialization of the technology. A deepsea test was successfully completed last year to prove the validity of the process in a relevant environment offshore West Africa.