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IEV BAGS SUBSEA CUTTING SERVICE

September 2011: PT IEV Indonesia, the Indonesian subsidiary of IEV Group Sdn. Bhd., has secured a contract to perform subsea cuts for a 24” pipeline with 12.7mm wall thickness and 70mm concrete located at the North West Java Sea, Indonesia.  The water depth of the cut is 38m-50m. Two diamond wire cutting spreads will be mobilised with a team of four personnel on a 24-hour operation. The operation is expected to take 15 days to complete, weather permitting.  The pipeline cutting operation is part of the development for the client’s new field as the existing platform gas production is expected to decline in the next few years.