The invention provides a subsea pressure boosting system feasible for operation at subsea step out lengths above 40 km and by control merely from a dry topside or onshore location. The system is distinctive in that it comprises: at least one subsea power step out cable, arranged from a near end at a dry location onshore or topsides to one or more subsea loads such as subsea pumps or subsea compressors at a far end, at the near end at least one source for electric power is connected and the cable is dimensioned for operation at a frequency different from the operation frequency of the connected subsea loads in order to handle the Ferranti effect and electric losses, and at least one passive electric frequency transformer, operatively connected between the subsea step out cable far end and the subsea loads, said transformer is located in a pressure vessel and transforms the operation frequency of the subsea step out cable to a frequency feasible for operation of the connected loads.