Further Deepwater ROV Build Program for i-Tech
i-Tech a division of global subsea construction and engineering contractor Subsea 7 Inc. has placed a further significant order for new build deepwater work class vehicles, which will be supplied with advanced, light weight, high performance handling systems. The 125hp Centurion Qx is rated to operate at water depths up to 2,000m as standard with options to upgrade to 3,000m and beyond.
The systems will be built by SMD Hydrovision (SMDH) at their Turbinia works on the river Tyne in Newcastle, UK. The Centurion Qx is an evolution of the successful Subsea 7 designed and built Centurion work class series. The Centurion Qx incorporates a number of key components used on SMDH's proven Q-Series range of ROV's including DVECS distributed control and the latest generation Curvetech thrusters.
This build program is in addition to that announced by i-Tech in May of this year. From the new build ROV program announced today i-Tech has already secured long term commitments for a number of systems, where they will work in both Equatorial Guinea and Brazil further consolidating i-Tech's leadership position in providing ROV systems in these countries.
i-Tech's Managing Director, Neil Milne, commented, "We are delighted to be able to announce a second major build program within a year of i-Tech's formation. We are particularly pleased that we have already secured long term work for a number of these second phase systems and have a large number of potential long term opportunities where the few remaining uncommitted systems will undoubtedly be deployed".
- Subsea 7 Shares Surge On Special Dividend, Q4 Earnings Beat (Mar 02)
- Subsea 7 Takes Delivery of New Vessels (Feb 02)
- Report: Oil, Gas Companies in Aberdeen Face Tax 'Bombshell' (Dec 19)
Company: i-Tech more info
- i-Tech Wins 5-Year ROV Contract Onboard La Muralla III (Oct 22)
- Tullow Chooses i-Tech for 5-Year ROV Services at Jubilee Field (Aug 12)
- Chevron Australia Honors I-Tech with 'Outstanding Contractor Award' (Dec 03)