Subsea equipment specialist Deep Down has received material orders from two customers totaling approximately $2 million.
The scope of work for these orders includes providing subsea controls equipment.
This consist of jumpers, flying leads and also electrical/hydraulic distribution manifold.
The company will make deliveries before the end of 2020.
Finally, the equipment will set in the Gulf of Mexico and the Asia Pacific regions.
Charles Njuguna , Deep Down’s president and CEO, stated:
“Despite the challenges presented by the global coronavirus pandemic and the recent weakness in oil prices, Deep Down remains committed to providing our customers with world-class products and services.
“We look forward to continue building our relationships with these valued customers as our industry moves forward.”