Subsea Innovation has been awarded a significant contract for a bespoke turnkey launch and recovery (LAR) system.
This builds on Subsea Innovation’s extensive experience in the production of LARs systems and the scope of this contract includes the design and build of the A-frame, winch with interchangeable drum sets, hydraulic power unit (HPU) and transport frames. The contract value is approximately £2 million and is expected to be delivered by December 2023.
Dave Thompson, Managing Director of Subsea Innovation, said: “We are pleased that Subsea Innovation has been awarded this significant contract for bespoke mission equipment. This contract award further strengthens our position as a leader in the sector and supports the continued growth of our business. We are excited to work on this project and deliver exceptional results for our client.”
This comes as part of a wider Group announcement of several new contract awards. Find out more by visiting www.tekmargroup.com.