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Subsea joint venture to boost Caribbean Sea pipeline capability

24th April 2014

Transatlantic JV between FoundOcean and Delta Subsea to provide subsea grouting and scour remediation services in Trinidad, Tobago, and Venezuelan waters

Subsea joint venture to boost Caribbean Sea pipeline capability
The two companies bring complementary services to the table, giving clients a true turnkey solution for pipeline scour remediation and stabilization solutions in the region.

UK-based FoundOcean and US-based Delta SubSea have signed a strategic agreement today to provide subsea grouting and scour remediation services in Trinidad, Tobago, and Venezuelan waters. The two companies bring complementary services to the table, giving clients a true turnkey solution for pipeline scour remediation and stabilization solutions in the region.

“Scour is a major concern for companies operating in Trinidad, Tobago, and Venezuela and when left untreated can cause catastrophic damage to pipelines,” said Scott Dingman, president of Delta SubSea.

Delta SubSea brings logistical and vessel support to the deal, and FoundOcean its 50 years of offshore inspection, repair and maintenance (IRM) experience. The alliance partners will also provide a full range of subsea pipeline repair and rehabilitation techniques including freespan correction, pipeline support and stabilisation, and pipeline clamp options.

Jim Bell, Managing Director of FoundOcean commented: “With this new partnership DSS & FoundOcean will better serve our clients’ needs to meet the demands of any pipeline project in the region.”

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