Seamar Records 2007 Year-End TRIR of 0.6
HOUSTON (February 6, 2008) – Seamar, a leading provider of subsea construction and fabrication services to the domestic and international oil and gas industry operating in the U.S. Gulf of Mexico and select Latin American markets, announced today the company’s 2007 year-end total recordable incident rate, or TRIR, of 0.6. After posting a fourth quarter TRIR of 0.0, Seamar’s cumulative TRIR for the year 2007 averaged to an outstanding 0.6, or 70% below the industry standard of 2.0.
“Our total recordable incident rate report is extremely valuable metric as a diving and fabrication service provider,” said Eloy Anaya, President of Seamar. “Safety is a direct derivative of our professionalism and discipline as a team, and with a 0.6 year-end TRIR for 2007, this is an indication that we are operating safely and in a professional manner.”
TRIR is a key safety metric reported on a quarterly and annual basis used by the commercial diving and fabrication industries to help identify safe subsea construction and fabrication service providers. The industry’s standard for the diving community is considered to be a minimum TRIR of 2.0.
More About Seamar Divers International
Seamar is an independent and minority-owned subsea construction and fabrication service provider to the domestic and international oil and gas industry operating at water depths less than 300 feet. With over 200 highly-qualified offshore personnel, an expanding vessel fleet and an experienced project management staff, Seamar’s core capabilities include subsea construction and fabrication services to the major, independent and integrated oil and gas operators. Seamar’s subsidiary companies include Seamar Divers Mexico, a subsea construction company based in Cuidad del Carmen, Campeche, Mexico and Seamar
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