Deep Down, Inc. (OTCQX: DPDW) (Deep Down), an oilfield services company specialising in deepwater and ultra-deepwater oil production distribution system support services, announced it has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system.
In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations. Due to increasing safety standards for wave zone equipment, it will be designed to survive extreme wave loading conditions and extended design life.
Ron Smith, Chief Executive Officer of Deep Down, Inc. stated, "This order represents another milestone in the relationship between Shell and Deep Down."
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/10032016/deep-down-receives-mooring-line-system-order-from-shell/