Deep Down Wins New Orders
Deep Down, a specialist in complex deep-water oil and gas distribution equipment and services, has received orders exceeding $2.0 million from different customers.
The orders are for flying leads, riser isolation valve controls, and other offshore equipment and services, primarily destined for the Gulf of Mexico.
All of the work is expected to be complete by the end of the first quarter of 2020.
Charles Njuguna, president and CEO, stated, “These awards highlight the success of our efforts to expand the scope of our offerings to existing customers, and the early signs of increasing activity in the offshore industry.”