Friday 25 October 2019

Deep Down, Inc., a specialist in complex deep-water oil and gas distribution equipment and services, announced that it has received orders exceeding $2.0M from different customers, within one week.

The orders are for Flying Leads, Riser Isolation Valve controls, and other offshore equipment and services, primarily destined for the Gulf of Mexico. All of the work is expected to be complete by the end of the first quarter of 2020.

Charles Njuguna, president and CEO, stated, "These awards highlight the success of our efforts to expand the scope of our offerings to existing customers, and the early signs of increasing activity in the offshore industry."