Deep Down, Inc. (DPDW.OB) recently announced that the company has delivered what they believe to be the deepest class rated Launch and Retrieval System in the world. Specifically, this system has a range of 4,000 meters and is designed to handle, lift, tension, and launch and retrieve various undersea equipment. Special functions of this equipment include auto-variable speed control, wire spooling and guide systems, grooved drums, emergency release capabilities, gravity lowering, emergency hoisting abilities, and a water-cooled drum to reduce heat on the umbilical.
Particularly, this system is capable of delivering payloads at speeds of up to 76 meters per minute. Furthermore, this equipment also includes a wraparound level wind sensor system that will allow for more sensitive operations in varying deepwater applications. This system has already been installed on Veolia ES Special Service’s newly-built DSV MT-6016 vessel, named the Swordfish.
Ron Smith, Deep Down’s CEO, commented, “It is exciting to know that the new Flagship for Veolia, the Swordfish, is set up for ultra deepwater environments and will have two Perry ROVs and two Deep Down LARS to help them accomplish their more challenging deepwater tasks. 2008 looks to be a very promising year, and our goal is to provide the best support possible to our clients, helping them meet their deepwater challenges with greater confidence”
Ron Smith continued, “We will continue to use proprietary-built state-of-the-art equipment (and third-party equipment such as the Baricon 30-ton, 4-track tensioner), engineering, and custom-developed installation and retrieval management systems to deliver cost-effective solutions, thereby distinguishing ourselves as the premier “first call” for our clients when confronted with a variety of challenges in ultra deepwater and harsh subsea environments.”
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