Highlights

BP Atlantis Field Ocean Bottom Survey Completed

Canyon successfully buried a 28-mile flowline in water depths of 7,576 feet for Shell Oil’s Columb project in the second quarter of 2006.

BP Atlantis Field Ocean Bottom Survey Completed

Canyon Offshore and Fairfield Industries successfully survey Green Canyon field at depths to 7,500 feet.

BP Presents Canyon Offshore its Helios Award for Partnership

BP presented Canyon Offshore, Fairfield Industries and Century Subsea its Helios Award for Partnership on the Atlantis OBS seismic imaging project.

New ROV Drill Ready for Action

ROV Drill, Canyon Offshore’s new ROV-based coring system, developed in cooperation with Perry Slingsby Ltd., is ready for its first deployment.

PetroSA Rock Cutting and Umbilical Lay Project Successful

New ROV rock cutting capabilities help Canyon lay six umbilical routes in the waters off Cape Town, South Africa.

Canyon Builds Petrobras’ First Gulf of Mexico Subsea Tieback

Canyon trenches and backfills two six-inch, 16 mile long flowlines in Garden Banks Block 244 in 2,150 feet of water.

SeaVator Mass-Excavation System Available in the Gulf of Mexico

The SeaVator System is ideally suited to pipeline lowering operations in water depths of 200 feet or less.