Oceaneering (OII) Secures $50 Million Umbilical Contract

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. Manufacturing Details Manufacturing of the umbilical is scheduled to take place at OII's facility in Pan ...