UTEC Survey Secures $3 Million in Contracts

UTEC Survey has secured contracts out of West Africa and the Middle East worth $3 million. The contracts will see the utilization of additional vessels in the two locations.

UTEC’s HD Independence has been utilized in the Gulf of Guinea, West Africa in a project expected to be complete this month before the spread moves to other work in the region.  This 50 meter air diving vessel is fitted with analogue survey and geotechnical spread.

In the Middle East the company’s Maridive 515 was mobilized to the UAE in early April and is conducting a major pipeline survey in the Arabian Gulf. The 55 meter vessel is fitted with a comprehensive analogue survey spread complete with onboard processing and is currently committed until June 2012.

Commenting on the deals, UTEC Survey CEO Martin O’Carroll said: “With the addition of offices in Naples and Dubai in the last 12 months, UTEC Survey continues to make good on our promise to deliver a consistent quality service to every oil and gas region worldwide. These projects are significant milestones for both regions and demonstrate UTEC Survey’s commitment to supporting our clients wherever they need us.”