Oceaneering's Manufactured Products Segment Secures Large Umbilical Contract [Yahoo! Finance]
Oceaneering International, Inc. (OII)
Last oceaneering international, inc. earnings: 2/24 05:01 pm
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US:NYSE Investor Relations:
investors.oceaneering.com/investor-relations/default.aspx
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Source: Yahoo! Finance
has secured a large contract with a domestic independent energy company. The anticipated revenue from this contract is approximately $50 million. Oceaneering is contracted to supply an electro-hydraulic, steel tube dynamic umbilical totaling approximately 27 kilometers (17 miles) in length for a project in the Gulf of Mexico. Manufacturing is scheduled for the Panama City, Florida facility, to commence in 2025 with final delivery expected in the second quarter of 2026. Shaun R. Roedel, Senior Vice President of Manufactured Products, stated, "This contract award reflects the confidence that our customers have in Oceaneering's ability to deliver manufactured products in a safe and timely manner. We value the trust our customers place in our abilities and we look forward to supporting this exciting project." Statements in this press release that express a belief, expectation, or intention, as well as those that are not historical fact, are forward-looking. The forward-looking state
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News
- Oceaneering Announces Dates for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- UK's Hunting awarded organic oil recovery work from operators in North Sea [Yahoo! Finance]Yahoo! Finance
- Oceaneering secures multiple contracts for various services in UK North Sea [Yahoo! Finance]Yahoo! Finance
- Oceaneering to Participate at the Barclays CEO Energy-Power ConferenceBusiness Wire
- Oceaneering International (OII) Down 11.1% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
OII
Earnings
- 7/24/24 - Miss
OII
Sec Filings
- 9/11/24 - Form 4
- 9/10/24 - Form 144
- 8/29/24 - Form 4
- OII's page on the SEC website