Oceaneering wins multiple vessel contracts in Gulf of Mexico

Oceaneering

Oceaneering has won multiple contracts for vessel services in the Gulf of Mexico.

The first deal covers a mix of basic and heavy inspection, maintenance, and repair (IMR) services, including vessel-based inspections, maintenance of smaller equipment, and replacement of jumpers, the New York-listed firm said. It also includes intervention services and installation work, which is scheduled for the second half of 2024.

The second contract involves basic and heavy IMR services and installation tasks for an undisclosed global energy company.

Both contracts cover a total of 180 days and come with options for additional work.

Furthermore, the company has secured two separate contracts covering installation, IMR, and intervention work.

Financial terms surrounding the deals have not been disclosed.

Roderick Larson, president and CEO of Oceaneering, said: “Our vessel bookings have increased year over year, affirming the growing demand for our services. These four contracts are foundational to improving our fleet utilisation, particularly for our mid-size and larger vessels.”

Source: Splash247.com

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