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Oceaneering Secures Equipment Supply Contract From Petrobras
Thursday, July 30, 2009 6:51 AM


(Source: Datamonitor)trackingOceaneering International, a provider of engineered services and products to the offshore oil and gas industry, has secured a contract with an estimated revenue in the range of $44 million to $64 million to supply umbilicals to Petrobras Netherlands, a subsidiary of Petrobras.

The contract is an umbilical global supply order for four exploration and production business units offshore Brazil; more specifically, the order is for up to 52 electro-hydraulic thermoplastic control umbilicals totaling approximately 165km in length.

The umbilicals will be used to supply power to and perform chemical injection for various subsea wells.

Oceaneering International has said that the product manufacturing has commenced at the Oceaneering Multiflex facility in Niteroi, Brazil and is scheduled to be completed by late 2010. The maximum water depth at the locations where these umbilicals are to be installed is 6,500ft.

A service of YellowBrix, Inc.



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