The Statement of Work (SOW) covers a 1 year study involving US operators and execution of Industry related work shops addressing various HiLoad DP offloading scenarios in the US Gulf of Mexico (GoM). "Remora is pleased to learn that RPSEA and the US Department of Energy (DOE) have acknowledged the HiLoad DP solution and that our technology has been successfully selected under the Ultra-Deepwater Program. It is considered quite remarkable that a Norwegian Company has succeeded in obtaining US government funding and gained acceptance for the HiLoad DP as a viable contender for offloading operations among deepwater operators in US GoM", says Kim Diederichsen, Senior Vice President Americas, Remora.