IKM Subsea Singapore has signed a contract with PTTEP for its appraisal campaign offshore Myanmar.
IKM Subsea will be providing a Merlin WR200 electrical propulsion system together with a BOP intervention tool and an IKM Technology designed and built diamond wire cutter for this project onboard the rig.
The company noted that this marks as IKM’s second deepest dive in South-East Asia as the water depth ranges from 200 meters to 2000 meters.
“This award definitely boosts IKM’s ROV utilization for 2018/19. With ongoing projects with SolstadFarstad, the IKM designed, built and operated Merlin WR200, shows advance electrical propulsion systems being a more reliable choice,” says Ruben Subramaniam, IKM Subsea’s business development manager.
Mahesh Govindan, the managing director for IKM Subsea Singapore, said: “This contract award is an indication of how the company has grown over the years to be one of the leading ROV operators in the region. It further enhances the already impressive track record we have achieved”.