On October 23rd 2008, UTEC Survey and Veripos (a business division of Subsea 7), signed a new multi-year contract for the provision of Veripos GNSS positioning services for UTEC Survey operations on a worldwide basis.
UTEC Survey performs survey and positioning projects on a global basis from its support bases in US, UK, Singapore and West Africa. Veripos has been providing DGNSS services, including hardware, software and signals, to UTEC Survey since May, 2006. The new contract runs through to the end of 2010, and represents an approximate contract value of $2 million dollars.
Trevor Hughes, Vice President for Commercial and Business Development for UTEC Survey Inc commented: "As UTEC Survey broadens its geographical interests and expands its global operations, it has become a strategic necessity to partner with a quality global positioning supplier like Veripos, which has a track record of excellent service and outstanding support."
Stephen Browne, Regional Manager Veripos - Americas was quoted as saying: "We are extremely pleased to be awarded this new contract as it demonstrates the mutual benefits that can be achieved when two quality driven organizations work closely together and build upon an established and strong working relationship."