Commenting on the contract award John McCann, SMD's Business Development Manager for Asia Pacific said: "We are delighted to support Kreuz Subsea at this exciting stage of their expansion. Kreuz's confidence in SMD enhances our position as the leading independent supplier of ROV and trenching equipment in Asia Pacific. With our expanding presence in Singapore we can offer the technical support, spares holding and service that any fleet operator would expect."

Robert Black, Kreuz Subsea ROV Operations Manager added: "This is a long term strategic commitment and a key milestone in Kreuz Subsea being able to offer safe, quality and cost effective solutions to the offshore market. SMD were the clear partner of choice. They offer the support, flexibility and technical acumen which are crucial to enabling us to build a market leading fleet."

SMD is one of the world's leading subsea engineering companies designing and manufacturing Work Class ROVs, trenching systems, subsea mining machines and tidal generation devices. They have a worldwide customer base operating in oil and gas, telecoms, mining, salvage, renewables, defence and scientific markets. SMD has offices in UK, USA and Singapore.

Kreuz Subsea are a solutions provider for the oil and gas industry specialising in inspection, repair and maintenance of offshore production and pipeline facilities.