Joint Development with Energy Companies from Norway and France
Setting a New Standard for Deep-Sea Oil Fields
Recognized for Technology and Supply Chain Capabilities
Exclusive Supplier of Long-Distance Heating Cables
Diversifying Portfolio Based on Subsea Cable Technology
LS Cable & System announced on October 22 that it will jointly develop "electrically heated subsea pipeline" technology in collaboration with leading global energy companies from Norway, France, and other countries.
The development project includes LS Cable & System, as well as DeepOcean, Equinor, and Aker BP from Norway, and TotalEnergies from France. DeepOcean, an offshore engineering company, will oversee the project, while Equinor, Aker BP, and TotalEnergies will participate as demonstration partners to verify the technology at deep-sea oil field sites such as the North Sea.
The electrically heated subsea pipeline is a technology that prevents crude oil from solidifying in cold underwater conditions by inserting a heating cable (heat wire) inside the pipeline, rather than using the conventional external heating method. Recently, the industry has been paying attention to this technology as a new standard for deep-sea oil field development.
LS Cable & System plans to independently mass-produce and supply the heating cable, which is the core component of this system, starting in 2028. Also known as a heat wire, this product is designed to withstand extreme marine environments such as ultra-low temperatures and high water pressure, and its performance and reliability will be verified through demonstration tests.
The cable insertion method is simple to install and highly efficient, enabling cost reductions of about 35% and a 30% decrease in carbon emissions. It also shortens construction periods. The system can be installed at depths of up to 3,000 meters and over distances of up to 30 kilometers, and cable installation can be carried out using small remotely operated vehicles (ROVs).
LS Cable & System described this collaboration as "an internationally recognized example" of the company's long-distance cable technology and global supply chain capabilities, adding that "this will be a turning point in expanding our business from a focus on power and communications to the gas and oil sectors."
Based on its subsea cable technology, LS Cable & System is expanding its business into key infrastructure areas ranging from defense to oil and gas, including supplying signal cables for defense applications in cooperation with LS Marine Solution.
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