Forum Energy Technologies has secured an order to supply specialist subsea equipment for a major cable maintenance project in South East Asia on Nov. 4.
The contract, which was awarded through Forum’s local representatives, will see the company deploy a Perry XT500 trenching system and Dynacon Launch and Recovery System as well as associated surface power and control installations. The equipment will be used to support telecommunication contracts in South East Asia and the Indian Ocean.
The XT500 trenching system is ideally suited to cable maintenance projects with a 3,000 m depth rating and three meter ROV burial capability on the ocean floor. It utilizes Forum’s proven integrated control engine (ICE) and has robust 500 HP power.
The vehicle will be manufactured at Forum’s facility at Kirkbymoorside, Yorkshire and installed onboard the client’s vessel in early 2021.
As part of the workscope, Forum will also deliver operational and maintenance training for the client’s personnel and provide support during the first mobilization onboard the vessel, including sea trials.
“Forum has a strong reputation globally for manufacturing high quality, robust ROVs and associated auxiliary products for a number of industries ranging from oil and gas to renewables, defense, mining and telecommunications,” Kevin Taylor, Forum’s vice president of subsea vehicles, said. “We have continued to strengthen our footprint in Asia and this contract is a testament to our high-quality equipment and skilled personnel. Our local representative is a well-respected supplier in the region and our partnership has provided a strong channel to complement to our existing framework.”
The XT500 trenching system is designed to meet the demanding trenching requirements of both strong soils and deep flowline burial protection over long stretches. Capable of operating in free-fly, skid-based trenching and survey modes, the system is designed for demanding applications, providing a robust solution even in the world’s harshest environments.
Recommended Reading
Texas Oil Giant Curtis Mewbourne Dies at 86
2022-06-24 - Curtis Mewbourne founded his company, Mewbourne Oil, in 1965 and grew it over the years into one of the largest closely held oil companies in the U.S. focused in the Permian and Anadarko basins.
Market Watchers: The Narrative Shifts; The Industry Responds
2022-06-24 - We entered 2022 with the view that E&P spending would grow in the mid-teens year-over-year. This is now likely closer to 20%, according to James West, senior managing director at Evercore, in a market outlook exclusive to Oil and Gas Investor.
Saudi Aramco Net Profit Soars 82% in Q1 on High Oil Prices
2022-05-16 - Saudi Aramco, which is at par with Apple Inc. as the world’s most valuable company, reported a net income of $39.5 billion for the quarter to March 31 from $21.7 billion a year earlier.
Atlas Sand Appoints Jon Tutuncu as Chief Commercial Officer
2022-06-15 - Jon Tutuncu was recently named chief commercial of Atlas Sand Co., where he will be responsible for strategy, sales, marketing, business development and customer experience.
US to Grant $6.4 Billion Funding for Projects to Reduce Carbon Emissions
2022-04-21 - The $6.4 billion program requires states to develop plans to reduce transportation emissions and distributes money through a formula developed for state and local governments.