Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil in Angola

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola.

Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15) Limited for services in support of offshore operations in Angola Block 15.

The contract, which began on July 1, is expected to generate $80 million to $90 million in revenue over its three-year term.

The scope includes the provision of multiple work-class ROVs, ROV tooling, intervention workover control systems (IWOCS), satellite communication systems, and subsea inspection, hydrate remediation, and engineering services, set to be deployed from Esso-supplied facilities, intervention vessels, and drilling rigs.

Read full article: Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil – Offshore Energy