ROVworld Subsea Information

SMD awarded contract by Petroleum Technical Services Corporation (PTSC)
Date: Monday, January 12, 2009 @ 11:00:00 EST
Topic: CONTRACT AWARDS


SMD awarded contract by Petroleum Technical Services Corporation (PTSC)SMD have been awarded a contract from Petroleum Technical Services Corporation (PTSC) of Vietnam for the supply of a 2,000m rated Quasar Compact Workclass ROV. The Quasar Compact is the world's most compact hydraulic Workclass ROV. It offers the sheer strength and flexibility of a hydraulic vehicle in a format no bigger than a large electric vehicle. Complimenting the ROV will be a full tether management system, launch and recovery system, control cabin and workshop. SMD continues to offer the unique one-stop service for a complete installation ensuring the fully integrated system will function seamlessly.

Commenting on the award, John McCann, Sales Engineer at SMD said, "We are delighted to be providing our Quasar Compact to PTSC. This is the culmination of a very successful year for SMD in the Asia Pacific region. We have secured contracts for the supply of our full range of ROVs; Quasar Compact, Quasar and Quantum. We see the Asia Pacific Region as a key market for SMD and we intend to build upon this success next year."

SMD is one of the world's leading subsea engineering companies designing and manufacturing ROVs, trenching systems, Curvetech components and special projects. They have a worldwide customer base operating in markets in oil and gas, telecoms, mining, salvage, military and scientific research.

PTSC is the fourth largest company listed on the Hanoi Securities Trading Centre and is a subsidiary of state-owned PetroVietnam. PTSC offers engineering services for oil and gas exploration, logistics and port services for other oil firms operating in Vietnam.






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