Thursday, September 10, 2015

OII-PC secures GoM umbilicals pact

HOUSTON - Oceaneering International, Inc. of Houston announced Sept 8 it had secured a contract from Shell Offshore to supply umbilicals for the deepwater Appomattox development within the Mississippi Canyon of the Gulf of Mexico. The order is for electro-hydraulic steel tube control umbilicals, totaling about 37 miles. Product manufacturing is planned to be performed at Oceaneering's umbilical facility in Panama City, Fla., and is expected to commence in the fourth quarter of 2015; and be completed in the third period of 2017. (Source: PR Newswire 09/08/15)