Cuming Corporation, a leading manufacturer of deep water and ultra-deep water buoyancy for more than 30 years, today announced the signing of multiple international contracts.
The company made the announcement at the Offshore Technology Conference (OTC), May 2 – 5, 2011, at Reliant Park in Houston. The value of these contracts with options exceeds $50 million. Manufacturing is scheduled to commence later this year.
“Cuming’s C-FLOAT buoyancy modules are critical components that enable operations in the ultra-deep water depths in search of oil,” stated Mark J. Schlegel, Cuming’s President. “We are delighted with these recent awards, which demonstrate the industry leading position of Cuming in the worldwide buoyancy marketplace.
[mappress]
Source:PRNewswire , May 3, 2011; :