NYSE:OIIEnergy Services
What Oceaneering International (OII)'s Egyptian Subsea Contract Win Means For Shareholders
Oceaneering International, Inc. recently announced that its Offshore Projects Group secured an integrated offshore installation contract at Egypt’s West Delta Deep Marine gas field from Burullus Gas Company, covering transportation, installation, and commissioning of a refurbished subsea umbilical and a 2,000-meter thermoplastic composite pipe flowline.
The award, which builds on umbilical refurbishment work completed at Oceaneering’s Rosyth, UK facility and includes remotely operated...