The Energy Valley, formerly called Subsea Valley (SSV) is a business cluster organization of Norwegian subsea engineering companies in Fornebu, Sandvika, Asker, Tranby, Drammen, Hokksund and Kongsberg, totaling approximately 75 km in length.
The organization consists of 184 firms and incorporates three of the five major subsea engineering companies that compete in the industry.
The major engineering companies within the EV are FMC Technologies, Aker Solutions and GE Vetco.
The three central companies in Subsea Valley – FMC Technologies, Aker Solutions and GE Vetco – are supplying oil & gas extraction equipment to such hydrocarbon operators as Statoil, Exxon and Petrobras.
The establishment of a subsea program at the Buskerud College with FMC employees as teachers began in January 2011.