Deep Down receives Gulf of Mexico orders
Deep Down Inc. has secured $4.4 million in orders for flying leads and associated equipment, and offshore installation services for the Gulf of Mexico.
The orders include more than $1 million in offshore services for a new international customer. The company expects to complete the work during the first half of 2019.
CEO Ron Smith said: “Though we experienced some delays in customer activity in the latter part of 2018, we are seeing encouraging signs of industry activity so far in 2019…”