Deep Down Wins Over $3 Mln in GoM

Deep Down, a subsea oilfield services company has received orders for flying leads and umbilical accessories, from two undisclosed operators.

According to the company, the orders are valued in excess of $3 million.

The equipment is scheduled to be delivered and deployed in the Gulf of Mexico in the first half of 2017.

Ron Smith, chief executive officer of Deep Down, said: “These awards represent a major milestone for the company.

“We have previously provided similar equipment for the same operators through original equipment manufacturers, but this is an example of the opportunities available due to the low oil prices, where the operators are realizing significant savings by coming directly to us.”

Share this article

Follow Subsea World News

Events>

<< Jan 2018 >>
MTWTFSS
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 31 1 2 3 4

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >