Hunting Subsea Technologies Celebrates Milestone With 100th Flow Access Module (FAM) Delivery to Beacon Offshore Energy

HOUSTON--(BUSINESS WIRE)--Hunting Subsea Technologies is proud to announce the delivery of its 100th Flow Access Module (FAM), marking a significant milestone in the company's history. Since the first FAM installation in the Gulf of Mexico (GOM) in 2016, Hunting Subsea Technologies has expanded its global FAM footprint, with installations in West Africa, Europe and most recently South America, which is viewed as a strategic growth area for the technology.

Hunting delivered its first FAM to Beacon Offshore Energy LLC, a key partner, in 2019. Another 15 FAMs have since been delivered or ordered for multiple Beacon projects, including recent installations in the Winterfell and Zephyrus fields.

Standardization is a key driver for the use of FAMs, enabling the selection of standard, fast-track subsea hardware while retaining the flexibility to add project-specific technology as needed. This FAM technology ensures that Beacon and other customers can meet project schedule and economic demands efficiently and effectively.

Beacon's adoption of FAM technology aligns with their strategy of de-risking project delivery by taking long-lead technology/hardware off the critical path of tree installation. This approach allows the installation of XTs and Jumpers, with the flexibility to deploy FAMs when specific technologies, such as multiphase flow meters (MPFM), are needed or become available. The flexibility of FAMs also maximizes the opportunity for hardware adaptation, providing the option to move or change out the technology packaged within the FAM as operating conditions change or technology advances through the life of a field.

As Hunting Subsea Technologies celebrates this milestone, the company remains committed to delivering excellence in subsea technology. With a focus on broadening our technology and systems offering and addressing the needs of the global subsea market, Hunting Subsea Technologies is poised to continue building on its position as a leader in the industry.

About Hunting PLC

Hunting is a global, precision engineering group that provides precision-manufactured equipment and premium services, which add value for our customers. Established in 1874, it is a listed public company, quoted on the London Stock Exchange in the Equity Shares in Commercial Companies (“ESCC”) category. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in China, India, Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.