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Indian Positioning Contracts for Veripos

19 June 2009

Four of India's leading DP vessel operators in Mumbai have eachcommissioned Aberdeen-based Veripos to provide medium to long-term high-precision GNSS positioning products and services for their respective domestic and international offshore operations.

The companies include Greatship India who have commissioned Veripos' Standard positioning service and LID3-G1 hardware on DP vessels,Greatship Amrita, Greatship Anjali, Greatship Dhriti,Greatship Disha,andGreatship Diyawhile a further four vessels are to besupplied with similar facilities later this year. The company, which has recently had vessels operational in the Middle East, Mexico and South Africa as well as its domestic market in India, is currently engaged in a major new-build programme involving further additions to its DP fleet between now and 2011.

Great Offshore, the prominent integrated oilfield services supplier of services to upstream oil and gas producers, have likewise fitted Veripos' LID3-G1 integrated receivers for reception of its Standard GNSS augmentation services on two DP vessels now working offshore India,FFSV Malaviya 25andFFSV Malaviya 27.

Varun Shipping Co have also committed to identical equipment and services which are now operational aboard DP anchor handling tugsAHTS SubhadraandAHTS Suchandra.These are two of a number of similar vessels operated by the company and are presently working in the North Sea.

Meanwhile, Veripos has also been awarded a three-year contract to provide LD2-G2 equipment and its Standard services for TAG Offshore's new anchor handling tug ship,TAG 4.Thecompany, which currently operates four offshore vessels, plans additional extensions to its fleet over the next two years.

The four contracts represent a further stage in the continuing growth of Veripos specialist positioning services for the burgeoning Indian offshore industry and add to an existing customer base which already includes Allseas, Helix, WesternGeco, EGS Survey and state-owned oil company, ONGC, according to Veripos Managing Director, Walter Steedman. He added that the company has committed significant resources to India over the last couple of years with the relocation of reference stations to more reliable sites and the inclusion of a GLONASS capability at Chennai and Kolkata.