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Frontier IP Group Plc

DeepOcean awarded contract for post-lay trenching umbilical offshore Australia

The post-lay trenching works are planned to commence late 2018 with the T1 trencher. This contract award has come on the back of three successfully completed projects with this trencher offshore UAE in 2016, early 2017 and more recently in 2018.

 

As of 30th June 2016, Frontier IP Group Plc (LON:FIPP) have a 3% holding in DeepOcean UK.

Frontier IP (LON:FIPP) unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group’s work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.