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Marine defence supplier enters oil and gas game

Defence supplier Fiomarine has made its first sale in the oil and gas market, representing the opening of a new business sector for the company, while pitching it against some of the biggest players in the process control game.

The company entered the oil and gas market with a sale of its Fiobuoys into the expanding Western Australian market.

URS Australia placed an order for five Fiobuoys to assist in its offshore underwater operations.

Fiomarine, a Tasmanian company, has been supplying its Fiobuoy all-in-one underwater retrieval system to the national and international defence market for over ten years, has recently changed its focus towards the lucrative and growing oil and gas market.

Fiomarine first introduced the Fiobuoy to offshore customers at the Australasian Oil & Gas Exhibition and Conference (AOG) in Perth, Western Australia (WA) earlier this year where it was very well received and recognised as an economical and reliable alternative for recovering underwater equipment, the company said.

It was from the show that URS Australia first showed an interest in using the Fiobuoys for retrieving monitoring instruments in a pipeline construction off the coast of WA.

URS Australia provides a range of professional engineering and environmental services to a variety of marine industries.

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