DMT DIAMOND Celebrates One Year of Service

Deep Marine Technology, Inc.'s 240ft MSV, the DMT DIAMOND, has successfully completed its first year of service in the Gulf of Mexico with zero recordable incidents. Working for a variety of major Oil and Gas Companies, some of the works performed by the DMT DIAMOND/Triton® XLS spread thus far include: Set 7 Ridged Jumpers ranging from 55' to 93' down to 4400fsw; Installation of 11 Steel & 14 Electrical Flying Leads: Pre and Post Route Surveys; Choke/ Pod Change Out; Riser Removal; Inspections; Commissioning; and various Module Installation on Trees just to name a few.

"We are extremely pleased with the performance of the DMT DIAMOND and her crew this past year. The outstanding teamwork and dedication to safety displayed by the DMT DIAMOND team and our contractors continues to reinforce our commitment to provide our Clients with quality, reliable subsea construction services," stated Mike Gilliam, VP of ROV and Vessel Operations.

CEO Paul McKim added, "As DMT continues to grow and expand with the addition of the 292ft DMT EMERALD, 2 new ROVs, and a saturation diving spread by fourth quarter 2006, our Clients can be assured that when they hire on any of our assets and personnel, they are receiving services that meet or exceed industry standards."

In addition to performing the above scopes of work, the DMT DIAMOND is well suited to carry out other subsea construction, field development, and deepwater intervention tasks including umbilical installation, mattress installation, and touchdown monitoring.

A Class II DP MSV, the DMT DIAMOND includes a 50T knuckle boom crane, a Subsea Equipment Winch with 10,000 ft of 1 ½" cable, accommodations for 36 (expandable to 44), and is outfitted with a 150 Hp, 10,000ft Triton XLS work class ROV.