The agreement, which was signed on Wednesday with Kazakh state oil company KazMunayGas’ subsidiary KMGSS and supported by the Department for International Trade (DIT), opens up a major new market to Griffon Hoverwork and the UK.
The firm will carry out an environmental impact assessment, to ensure that hovercraft can be used without impacting on local ecosystems, using technology it has developed with Southampton University.
DIT said that the agreement has the potential to create over 70 new jobs in the Southampton area with millions of pounds for the manufacturer.
Griffon Hoverwork managing director Adrian Went said: “This agreement on enabling work for using hovercraft in the Caspian Sea is a huge step for Griffon Hoverwork and the UK. Its been great to have this meeting and signing, with the support of the DIT, ensuring that our UK-based engineering will help tackle the major challenges in the region.”
International Trade Minister Greg Hands said: “Griffon Hoverwork is a prime example of the UK’s engineering excellence, with the sort of world-leading expertise DIT is helping to showcase at the UK Pavilion in the Astana Expo. This agreement will see the UK using hovercraft to overcome complex environmental challenges in the Caspian Sea, with huge potential for jobs back in the UK.”
UK hovercraft manufacturer to tackle pollution in Caspian Sea
Southampton-based hovercraft manufacturer Griffon Hoverwork is to carry out a study on using hovercraft to clear oil spills and support offshore rigs in the Caspian Sea.