New Orleans, LA - Deepwater Offshore Technology Conference — November 30th, 2004 — Flotation Technologies, Inc., a global leader in deepwater buoyancy systems, today announced the contract award for Distributed Buoyancy Modules to be used on the direct hydraulic production control umbilicals for the Gomez project, Mississippi Canyon 711, in the Gulf of Mexico.
The Gomez field is located in approximately 3000 feet of water in the Outer Continental Shelf of the Gulf of Mexico with the initial discovery well at Gomez drilled in 1997. ATP Oil & Gas, a Houston-based development and production company of natural gas and oil in the Gulf of Mexico and the North Sea, is the operator with a 99% working interest.
“Flotation Technologies is continuing to build a significant track record in the design and manufacture of distributed buoyancy modules for the Offshore Oil and Gas market,” commented Fred Maguire, Sales and Marketing Manager for Flotation Technologies. “With this track record we are building a solid reputation as a reliable choice for highly engineered products in the market.”
About Flotation Technologies
Flotation Technologies, Inc. is a world leader in the design, manufacture, and marketing of deepwater buoyancy systems using high-strength Flotec™ syntactic foam and polyurethane elastomer products. Providing quick-turnaround custom engineering and fabrication to the Offshore Oil, Oceanographic, Seismic and Government markets, Flotation Technologies delivers consistently reliable buoyancy for a host of marine applications. Flotation Technologies manufactures such innovative products as flexible riser buoyancy, modular buoys of any size, ADCP buoys, ROV/AUV buoyancy modules, pipeline/sled buoyancy, QuickLoc™ cable floats, Hardball™ umbilical floats, FLOTECT™ cable and pipeline protection, and elastomeric bend stiffeners and restrictors. For more information on Flotation Technologies visit www.flotec.com.
Media Contact:
Fred Maguire, Sales & Marketing Manager
Flotation Technologies, Inc.
207.282.7749/fmaguire@flotec.com