Oceaneering Has Secured Multiple Contracts From Multiple Operators For Decommissioning, Inspection, Subsea Preparation, And Installation Support Services In The UK Sector Of The North Sea
Portfolio Pulse from Benzinga Newsdesk
Oceaneering International, Inc. has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the UK North Sea. These contracts, starting in August 2024, will utilize the MSV Island Frontier, with operations managed from Aberdeen, Scotland.
August 29, 2024 | 1:39 pm
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Oceaneering International, Inc. has secured significant contracts in the UK North Sea, enhancing its service portfolio and securing vessel capacity until December 2025. This development is likely to positively impact its revenue and market position.
The contracts enhance Oceaneering's service portfolio in a key region, potentially increasing revenue. The extension of the MSV Island Frontier's charter ensures capacity to meet client needs, indicating strong demand and operational readiness.
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