Deepwater-focused oilfield services company Deep Down Inc. (OTC: DPDW) was awarded several contracts for GoM work from supermajors, the company said April 7.
The contracts total $4.8 million, the company added.
The work will be completed over the next year, and it includes engineering and fabrication of different subsea isolation valve systems, supply of Deep Down's patented NHU umbilical and various installation services and equipment.
Deep Down Inc. is based in Houston.
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