Group 1 - Oceaneering International Inc. (OII) has secured multiple contracts in the U.K. North Sea region for decommissioning, inspection, subsea infrastructure preparation, and installation support services [1] - The contracts are expected to last for 65 days, with options for extension, and will be managed from Oceaneering's hub in Aberdeen, Scotland [2] - Operations are set to begin in August 2024, utilizing the Island Offshore multiservice vessel, Island Frontier, which has had its charter extended until December 2025 [3] Group 2 - The recent contracts signify Oceaneering's expansion into a key market and highlight its strong relationships with major clients in the U.K. North Sea region, showcasing its expertise and execution capabilities [4]
Oceaneering Secures Multiple Contracts in the UK North Sea