Oceaneering secures two offshore installation contracts

Offshore staff

HOUSTON — Oceaneering International has announced that its Offshore Projects Group segment has been awarded two international contracts, with a combined total value in excess of $100 million.

Oceaneering has been named a consortium partner to support transportation and installation work on Angola Block 17 for the Girassol Life Extension project. The scope of work includes air and saturation diving services, project management, engineering and procurement activities, in support of the prime contractor’s recovery and replacement of 12 risers. Oceaneering will provide Angolan personnel for the project and manage the in-country operations of the consortium. Oceaneering is expected to provide its services in various phases. Work will begin in late 2023 and last into late 2025.

In addition, Oceaneering has been awarded a contract for work on a jumper installation project in the Stabroek Block offshore Guyana. The scope of the project adds to its body of work in the South American country in support of a key client, the company said. It consists of jumper and subsea field development installation and other associated tasks. The scope of supply is underway and anticipated to last through the remainder of 2023.

08.31.2023