futrcash, here's a pull quote from that PDF file in case anyone has trouble viewing it:
Deep Down, Inc has established a heavy equipment
fabrication and service division to address the needs of the
onshore and offshore-based oil and gas production, explo-
ration, and service segments. Deep Down, Inc -
Manufactured Systems, the new division, will provide
design engineering, manufacturing, commissioning, and
testing services. DDI has named Ray Rios Vice President,
Manufacturing and John Van Hyfte has been named Vice
President, Operation for the new division. The division will
operate at Deep Down Incorporated’s main facility in
Channelview, Texas. Strategic Offshore Services, Inc.
(SOS) of Houston, Texas will provide engineering and
design support for the new venture. Mr. Toby Selcer and
Ms. Amanda Naivar bring their 20 years of combined engi-
neering and design experience to SOS.
http://www.offshoresource.com/pdf/os_jan_06.pdf
given this article is about a year old, that tells me DPDW has had a year to get this new division up and running. in fact, i expect that's one of the reasons they decided to go public. we could see a PR about this division in the very near future, which puts DPDW on the map as both an "on" and "offshore" operation. diversified!
Deep Down, Inc has established a heavy equipment
fabrication and service division to address the needs of the
onshore and offshore-based oil and gas production, explo-
ration, and service segments. Deep Down, Inc -
Manufactured Systems, the new division, will provide
design engineering, manufacturing, commissioning, and
testing services. DDI has named Ray Rios Vice President,
Manufacturing and John Van Hyfte has been named Vice
President, Operation for the new division. The division will
operate at Deep Down Incorporated’s main facility in
Channelview, Texas. Strategic Offshore Services, Inc.
(SOS) of Houston, Texas will provide engineering and
design support for the new venture. Mr. Toby Selcer and
Ms. Amanda Naivar bring their 20 years of combined engi-
neering and design experience to SOS.
http://www.offshoresource.com/pdf/os_jan_06.pdf
given this article is about a year old, that tells me DPDW has had a year to get this new division up and running. in fact, i expect that's one of the reasons they decided to go public. we could see a PR about this division in the very near future, which puts DPDW on the map as both an "on" and "offshore" operation. diversified!
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