Oceaneering International, Inc. announced yesterday that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC. The charter is expected to commence during the second quarter of 2013. This state-of-the-art, U.S. flagged vessel was built in 2010. It has an overall length [...]
October 9, 2012 | Posted in
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Oceaneering International, Inc. announced today the sale of the Ocean Legend, a mobile offshore production system, to an undisclosed buyer. Oceaneering’s third quarter 2011 earnings will include an estimated pretax gain in the range of $17 million to $19 million on the sale of this asset in its Subsea Projects segment operating results. Oceaneering’s 2011 [...]
Using 3 Dive Support Vessels, Oceaneering Subsea Projects Group safely installed and inspected a pipeline tie in and platform riser. This required nearly 30 pipe sections, 40 flanges, and 240 dives, and was completed with 0 incidents or injuries. Oceaneering is a global oilfield provider of engineered services and products primarily to the offshore [...]