Neptune flags more GoM repair work

NEPUNE Marine Services has successfully demonstrated its patented NEPSYS dry-welding technology to an international audience following the completion of its first subsea repair contract on an oil platform in the Gulf of Mexico.
Neptune flags more GoM repair work Neptune flags more GoM repair work Neptune flags more GoM repair work Neptune flags more GoM repair work Neptune flags more GoM repair work

Completed on time, the repair project was undertaken for a large independent US oil company listed on the New York Stock Exchange.

Neptune said it expects to sign up similar deals in the GoM in the “very near future” following the demonstration of its NEPSYS technology to more than 20 consulting engineers for some of that country’s largest oil and gas producers.

Managing director Christian Lange said the project showed potential customers in the international oil industry that the NEPSYS technology was “far superior” to other methods of repair.

“Now that we have proven that NEPSYS can deliver a permanent repair solution, the scope for growth in the GOM and other regions has increased significantly,” Lange said.

“The GoM has in excess of 5000 platforms alone as well as associated pipelines. We will continue to pursue opportunities in line with our strategy for growth.”

Neptune says its NEPSYS dry-technology delivers in situ repairs to platforms, pipelines, vessels and marine infrastructure while minimising operational down time in a non-hyperbaric underwater environment.

loader