Press Release

Seascape Awarded Subsea Services Contracts with Combined Estimated Value of USD 28 Million

In May, Seascape Surveys DP2 ROV Support Vessel “ENDEAVOUR” sailed from Batam to commence the 2012 Subsea IRM campaign for ConocoPhillips in the Natuna Sea, Indonesia. This is the fifth consecutive COPI annual IRM campaign that Seascape Surveys has been involved with and the fourth as the main contractor. In addition, the scope of work has been extended to include the neighboring Premier Oil Anoa Field, Natuna Sea, Indonesia.

COPI Scope of Work for 2012 includes ROV inspection of 9 offshore platforms, Underwater Inspection in Lieu of Dry Docking (UWILD) of 2 floating facilities, pipeline free-span rectification with potential other works including leak measurement, valve exercising and general video inspections.