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Oceaneering (OII) secures major contracts with Petrobras, boosting revenues by $120-$183 million, and supplying critical subsea technology for offshore oil operations.
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. (NYSE:OII) announced that its Manufactured Products segment has secured two significant contracts with Petroleo Brasileiro S.A. (“Petrobras”) through a competitive bidding process. The expected aggregate net revenue is in the range of $120 million to $183 million. Oceaneering is contracted to supply up to 362 kilometers, or approximately 225 miles, of steel tube and thermoplastic electro-hydraulic umbilicals and associated subsea distrib.
Oceaneering (OII) and TotalEnergies join forces to revolutionize subsea pipeline inspection with Freedom AUV. It cuts inspection time and emissions by 50%.
Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock?
Oceaneering (OII) expects Subsea Robotics revenues to grow in the low to mid-teens percentage range in 2024, with a book-to-bill ratio of 1.1-1.3 for Manufactured Products.
HOUSTON--(BUSINESS WIRE)--Oceaneering Reschedules Time of First Quarter 2024 Earnings Conference Call to 9.00 a.m. Central, April 25, 2024.
Oceaneering International, Inc. (OII) is Attracting Investor Attention: Here is What You Should Know
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Oceaneering (OII) partners with Global Design Innovation for digital asset management solutions, enhancing safety, data quality and operational efficiency in asset-intensive industries.
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for First Quarter 2024 Earnings Release and Conference Call -- April 24 and April 25, respectively.
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