James Fisher Seals $273 M Submarine Rescue Deal in India

James Fisher Defence, part of James Fisher and Sons (JFS), has been awarded a £193 million ($273 million )contract by the Indian Navy for the long-term provision of its submarine escape and rescue capability.

The contract entails the design and production of two complete submarine rescue systems for £83m by December 2018 and will be assembled and produced at JFD’s Inchinnan facility, near Glasgow, UK.

In addition, a 25 year in-service support contract covering all aspects of the operation and maintenance of the system will start when the vessels are put into service in India.

Two complete submarine rescue systems will be delivered to the Indian Navy including Deep Search and Rescue Vehicles (DSRV), Launch and Recovery Systems (LARS) equipment, Transfer Under Pressure (TUP) systems and all logistics and support equipment required to operate the service.

Nick Henry, chief executive officer of JFS, said: “As the global leader in submarine rescue services, James Fisher has been awarded the contract by demonstrating, through its work with the Royal Navy, the Australian Navy and the Singapore Navy, a commitment to the safety of the global submarine community over many years. We look forward to working with the Indian Navy at the start of this long term relationship.”

Share this article

Follow Subsea World News

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Research & Development Petroleum Conference & Exhibition 2018

This event fosters closer collaboration across the oil and gas industry, technology innovators…

read more >

Mozambique Mining, Oil & Gas and Energy Conference and Exhibition (MMEC 2018)

MMEC 2018 will continue to showcase and explore developments in our country’s thriving Oil & Gas, Mining and Energy sectors and to also focus…

read more >

The Offshore Technology Conference (OTC) 2018

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >

9th SCADA World Summit 2018

The 4-day conference event’s key highlights will include case studies from leading energy & utilities companies, interactive discussions…

read more >