Triton Secures Multi-million Dollar ROV Deal with Asia Pacific Client

14 September 2009

Marine contractor Lewek Shipping PTE Ltd, a subsidiary of Singapore-headquartered Ezra Holdings, has contracted subsea specialist Perry Slingsby Systems(PSS) to provide five state of the art ROV systems in a deal worth in excess of $23million USD (£14million GBP).

The contract will see PSS supply two 4,000m Triton® XLXs, two 3,000m Triton® XLXs and one 3,000m Triton® XLS, with the option to extend the deal with a further two systems. All ROVs will be delivered by Q2 2010.

Each work class system is equipped with ICE® net controls, integrated pilot and co-pilot control chairs, bespoke Dynacon launch and recovery systems, plus 750m excursion tether management units for enhanced operational capability.

PSS, part of Aberdeen-based Triton Group, will provide ship interface engineering and installation services from its support base in Singapore, from September through to delivery. Once in service, the ROVS will be deployed across EZRA's global operations and will be supported by PSS from its network of service centers in Aberdeen, Singapore, Houston and Brazil.

Triton's regional director for Asia Pacific, Bruce Lokay, said: "Triton's strategy of globalizing its support and manufacturing services was one of the key deciding factors for EZRA and Lewek. Not only are we able to provide the most capable and sophisticated deepwater equipment available, we are set up to offer the engineering and installation services to clients on a local basis, thereby reducing our clients overall cost. Additionally, from other Triton Group companies, we can offer our clients a complete package of services, including tooling, deepwater control systems, equipment rental and sales, geotechnical engineering and coring, as well as simulation and other technologies.

Ezra's managing director, Lionel Lee, said: "Ezra places high emphasis on providing seamless value-added services for our clients. Triton's globalized network of engineering, manufacturing and support services for their equipment fits in well with our policy of aligning our operations closely to the needs of our clients. Apart from equipment which meets the highest standards in the industry, this partnership furthers our new growth strategy to enlarge our subsea service offerings. We look forward to a long-term relationship with Triton."

Formed in 2007, Triton Group comprises eleven companies offering a range of products and services to the subsea energy industry centred on engineering and technology, product manufacture and system integration, and operations support and services.

Triton Group have completed nine acquisitions in deals totaling more than £100million in two years, the Group companies are Perry Slingsby Systems, Sub-Atlantic, UK Project Support Ltd (UKPS), Subco, Cynergetix Pty Ltd, Dynamic Positioning Services Ltd (DPS), Geoscience Earth and Marine Services Inc (GEMS), VisualSoft, VMAX, Seafloor Geoservices Inc (SGI) and ETS.