Deep Down Receives Mooring Line System Order From Shell

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, it will be designed to survive extreme wave loading conditions and extended design life. Ron Smith, Chief Executive Officer of Deep Down, Inc. stated, This order represents another milestone in the relationship between Shell and Deep Down. About Deep Down, Inc. Deep Down, Inc. is an oilfield services company serving the worldwide offshore exploration and production industry. Deep Down s proven services and technological solutions
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