The company has said it has sufficient liquidity to weather the challenges of low commodity prices and the Covid-19 pandemic.
The project in the Mexican sector of the Gulf of Mexico is scheduled to commence in 3Q20 and will take approximately 60 days.
Unique Group will represent OTAQ Offshore's technology and products across the Middle East, APAC and the Americas.
The number of new assignments for the company grew by more than 50%, resulting in more than 70 active work streams in 2019.
The Gulf of Mexico operator will deploy DiscoveryTM, Tracerco’s Subsea CT Scanner, to obtain critical baseline integrity data on the new pipeline system.
Express Engineering's subsea engineering assembly and test centre is due to come onstream in late 2020.
The contract is for the development, qualification and field trials of autonomous inspection/intervention subsea drones.
Fugro and the US National Oceanic and Atmospheric Administration Office of Ocean Exploration and Research are focusing on mapping deepwater areas of the US Exclusive Economic Zone (EEZ).