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DMT Diamond Celebrates One Year of Service

Maritime Activity Reports, Inc.

July 25, 2006

Deep Marine Technology, Inc.’s 240-ft. MSV, the DMT Diamond, has successfully completed its first year of service in the Gulf of Mexico with zero recordable incidents. Working for a variety of major Oil and Gas Companies, some of the works performed by the DMT Diamond /Triton XLS spread thus far include: Set 7 Ridged Jumpers ranging from 55 to 93 ft. down to 4,400 fsw; Installation of 11 Steel & 14 Electrical Flying Leads: Pre and Post Route Surveys; Choke/ Pod Change Out; Riser Removal; Inspections; Commissioning; and various Module Installation on Trees just to name a few.

In addition to performing the above scopes of work, the DMT Diamond is suited to carry out other subsea construction, field development, and deepwater intervention tasks including umbilical installation, mattress installation, and touchdown monitoring. A Class II DP MSV, the DMT Diamond includes a 50T knuckle boom crane, a Subsea Equipment Winch with 10,000 ft of 1.5 in. cable, accommodations for 36 (expandable to 44), and is outfitted with a 150 hp, 10,000 ft. Triton XLS work class ROV.

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