Oceaneering (OII) Secures $50 Million Umbilical Contract
Oceaneering International(OII) ZACKS·2024-06-21 19:20
Oceaneering International, Inc.'s (OII) Manufactured Products division has secured a major contract from a U.S. independent energy company. The contract is valued at roughly $50 million and involves supplying a specialized underwater cable for a project in the Gulf of Mexico. This deal highlights OII's strong reputation in the industry and its capacity to deliver high-quality products in a timely manner.Scope of the ContractThe contract involves the supply of an electro-hydraulic, steel tube dynamic umbilic ...