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Seaeye - Press Release - January 12, 2005

INCREASED OIL AND GAS ACTIVITY BOOSTS SEAEYE'S ORDER BOOK

With confidence returning to the offshore oil and gas market, Seaeye have enjoyed a significant increase in sales of ROVs to this industry resulting in one of their best starts to a new year.

For January/February delivery, the company has orders for a Panther Plus and a Surveyor Plus for Fugro Survey. The Surveyor Plus will be the 32nd system of its type and is destined for their Egypt office. The 14th Seaeye Panther Plus is to be installed on McDermott's DSV Tofig Ismailov on contract in the Caspian Sea for AIOC's full field development phases 2 and 3. Work will include diver support, post lay pipeline survey, touch-down monitoring and general construction support. This package will include the improved variable height type 3A TMS with cut away sides to accommodate camera booms.

Two Seaeye Lynx are in production. One is destined for Argo Maris in Spain which is a-not-for-profit organisation involved in marine biology research in the Mediterranean and was purchased through Marine Vision, the company's local distributor. The second system, which will become Lynx 11 for Rovtech in Aberdeen, will use some donor assemblies from a Seaeye Puma in the build of this higher standard inspection ROV.

The first 3,000 metre rated version of the Seaeye Cougar has been ordered by Huisman-Itrec as the fly-out ROV from their Deep Sea Constructor. This system is expected to be delivered mid year and may yet have its depth rating increased to 5,000 metres.

In the meantime the Seaeye Falcon continues to win new marine research customers with an order received from Scottish Natural Heritage. This Falcon is yet another specially customised system and will have a 3 CCD camera with video transmitted over fibre optics to achieve broadcast quality images.

With all these orders in hand, Peter Vallander, Seaeye's production manager, was quick to point out that, with the exception of a Seaeye Tiger, he now has every one of the company's current range of ROVs in production.

 

Chris Tarmey
CEO
www.seaeye.com
mailto:rovs@seaeye.com
Tel: +44 (0)1329 289000



 


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