The DNV GL-led joint industry project (JIP) aims to maximize the profitability of larger projects with subsea processing technology.
The standardization of tie-in technology and module sizes will allow for better technology combination and adaptation.
Statoil executive vice president in technology, projects & drilling Margareth Øvrum said: "The industry needs to lower costs to enable more subsea developments and increase the use of subsea processing technology.
Øvrum said: "It is important not only for Statoil, but for the industry in general, that competition is maintained in the development of the process technology itself, and the input which is made to the modules.
"By standardising the tie-ins and the module sizes, it will be possible to make use of the best technology for each individual function, independent of supplier."
The subsea developments costs have increased by 250% in the past 12 years.
Several oil fields have been using subsea pumps and the initial subsea compression systems will be deployed in 2014 to increase gas production from the Åsgard and Gullfaks fields.
Expected to be launched by the end of the first quarter in 2015, the project will establish open standards, giving suppliers with the option whether or not to use standardised technology.
Earlier in 2014, Statoil secured three feasibility study contracts for the implementation of subsea processing factories.
Image: Installation of subsea template at the Åsgard field in the Norwegian Sea. Photo: Courtesy of Øyvind Hagen.
