IKM Subsea Singapore signed a contract with PTTEP for their appraisal campaign offshore in Myanmar, the company said on April 3.

IKM Subsea will be providing a Merlin WR200 electrical propulsion system together with a BOP intervention tool and an IKM Technology designed and built diamond wire cutter for this project onboard the rig. This is IKM’s second deepest dive in Southeast Asia as the water depth ranges from 200 m (656 ft) to 2000 m (6,561 ft).

“This award definitely boosts IKM’s ROV utilization for 2018 [and] 2019. With ongoing projects with SolstadFarstad, the IKM designed, built and operated Merlin WR200, shows advance electrical propulsion systems being a more reliable choice,” Ruben Subramaniam, IKM Subsea’s business development manager, said.