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Sunday 07/22/2018
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deepwater

  • 1:51 PM

    HOUSTON, July 26, 2016, DPDW, /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, announced today it has received orders for flying leads and umbilical accessories, valued at over $3 million, directly from two major operators. The equipment is scheduled to be delivered and deployed in the Gulf of Mexico in the first half of 2017. Ron Smith, Chief Executive Officer of Deep Down, Inc.

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  • 2:38 PM

    HOUSTON, May 23, 2016, DPDW, /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down” or the “Company”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced its Board of Directors has authorized the repurchase of up to $1 million in shares of the Company’s common stock.  The repurchase program will be funded from cash on hand and cash provided by operating activities. Ronald E. Smith, Chief Executive Officer, stated “We believe

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  • 3:37 PM

    HOUSTON, March 9, 2016 /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down”), an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, announced today it has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system. In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations. Due to increasing safety standards for wave zone equipment,

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