The Company designs and fabricates drilling rigs, including barges using proprietary designs. The Company also designs and manufactures production process systems and drilling masts. Decks and modules fabricated by the Company can be installed on fixed and floating platforms, regardless of water depth. Unifab also fabricates jackets for fixed platforms, pilings and other rolled tubular steel sections, compressor and generator packages, platform living quarters, subsea templates, bridges for connecting offshore platforms, wellhead protectors and modules for the onshore petrochemical and refining industries. In addition, the Company refurbishes and retrofits existing jackets and decks and performs offshore piping hook-up and platform maintenance services.
Revenues reflect an increase in direct labor hours worked.
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