SUBSEA technology and services company Cortez Subsea has clinched a five-year deal to provide a subsea inspection management system (SIMS) offshore Malaysia.
The contract with Repsol Oil and Gas in Malaysia is worth a six-figure sum and will be delivered from their office in Kuala Lumpur in close partnership with their sister company MCS.
Murray Ross, Cortez in Malaysia general manager, said: “We’re delighted to have this opportunity to present our inspection technology and services to Repsol.”
Earlier this year the company announced inspection contracts with an accumulative value of more than £1.5million.
Mr Ross continued: “Despite the current conditions the energy sector is facing we are making great strides in the global inspection market and celebrating successes.
“Our NuWave services bring inspection into the digital age and we utilise the most advanced technology and software to ensure we are bucking the trend in an industry adjusting to a lower oil price.
“We are focussed on increasing efficiencies to meet our customer’s needs and we form genuine and successful partnerships to deliver projects which save our customers money.”