PRESS RELEASE: DEEP SEA MOORING PICKS UP QUADRANT CONTRACT

6 February 2018

Perth, Australia; February 6th 2018: Deep Sea Mooring (DSM), a Vryhof company, has secured a contract with Quadrant Energy to provide turnkey pre-lay mooring solutions to the Transocean GSF Development Driller 1 semisubmersible drilling rig offshore Australia. The deal - a continuation of previous work for Quadrant Energy - begins in March 2018.

The agreement - with the project scope and engineering consultancy coordinated out of Perth - will enable Quadrant to have access to DSM and Vryhof Anchors’ advanced portfolio of pre-lay mooring solutions that include chains, fibre ropes, anchors, connectors, buoyancy and handling equipment. Offshore personnel, back deck services, marine representatives and all equipment will be deployed from DSM’s Karratha, West Australia base.

DSM also provides Advanced Distance and Positioning System (ADAPS) technology ensuring real time, accurate positioning and the pitch, roll and depth of penetration of the anchor; and radio frequency identification (RFID) tracking and asset management systems that track all equipment and help save time during mooring and anchor handling operations.

“Today’s announcement is the continuation of a highly successful track record of delivering for Quadrant and is a significant platform upon which we can continue to grow our Australian business during 2018,”  said Barry Silver, Managing Director, Asia Pacific for Deep Sea Mooring.

He continues: “It’s also testament to the innovation, expertise and quality of our products and people in what continues to be a challenging market. We look forward to announcing more contracts over the coming months.”

The GSF Development Driller 1 rig was built in 2005 and is a sixth generation semi-submersible with a maximum water depth of 7,500 feet and drilling depth of 37,500 feet.

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