Oceaneering secures multiple contracts

Oceaneering International Inc. has reported its Subsea Robotics segment won multiple contracts during 4Q 2020, with anticipated aggregate revenue in excess of $225 million.


These contracts range in duration from several months to five years. The work scopes are primarily for ROV services delivered from floating drilling rigs and multi-service, subsea intervention, and construction vessels. Also included among the contracted scopes are ROV tooling, survey, positioning, and AUV services.

In addition, the company said it is growing its presence in the renewable energy sector with a contract for its high-speed, high-current capable Isurus ROVs to support offshore wind projects.