Subsea Valley
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The Subsea Valley geographically consists of Fornebu, Sandvika, Asker, Tranby, Drammen, Hokksund and Kongsberg, totaling approximately 75km in length. The SV consists of 39 firms and currently incorporates three of the five major subsea engineering companies that compete in the industry. The major engineering companies within the SV are FMC Technologies, Aker Solutions and GE Vetco. The competitors located outside the cluster are Cameron and DrillQuip. In a recent report by TESS it is stated that in addition to the companies, which are present in the SV area, as many as 600 companies are in one or another way connected to the valley. The three central companies in SV – FMC Technologies, Aker Solutions and GE Vetco – are supplying oil & gas extraction equipment to such hydrocarbon operators as Statoil, Exxon and Petrobras.[1]
History
The Subsea Valley cluster organization was formally established on June, 8, 2010. Some early members were FMC Technologies, Aker Solutions, BI Drammen and TESS. The initiative was largely taken by TESS with help from BI Drammen. In its early phase a vision of developing into a “global knowledge hub”, thus keeping the world leading competence simultaneously with further developments in the industry, was declared by the SV. Erik Jølberg adds further that some cluster specific initiatives have been recorded. The establishment of a subsea program at the Buskerud College with FMC employees as teachers began in January 2011. An internet page has been set up. To facilitate inter-firms communication the “Speed Match meeting” has been established, allowing suppliers and producers to meet for 15 minutes and discuss their products and needs. Also, attempts to secure founding from governmental institutions (e.g. Innovasjon Norge) have been undertaken.
- ^ [www.subseavalley.com]