Houston-based Oceaneering has secured two contracts with a combined total value in excess of $100m.
The New York-listed company’s Offshore Projects Group (OPG) has been named a consortium partner to support transportation and installation work on the Girassol life extension project offshore Angola. The work scope 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 is expected to provide its services in various phases, beginning in late 2023 and lasting into late 2025.
Oceaneering has also clinched a contract for work on a jumper installation project in the Stabroek block, offshore Guyana. It consists of jumper and subsea field development installation and other associated tasks. The scope of supply is already underway and anticipated to last through the remainder of 2023.
Roderick A. Larson, president and CEO of Oceaneering, said: “These awards substantiate our visibility into increased international activity, as cited in our recent second quarter earnings release. Our success with these projects supports our belief in the resurgence of international offshore activity and market expectations over the next several years.”
