Oceaneering International, Inc. has announced that its Offshore Projects Group has entered into a vessel services agreement with a major operator for the use of the MPSV Harvey Deep Sea. The vessel, equipped with two Oceaneering Millennium work class remotely operated vehicles, will be employed for subsea inspection, maintenance, repair, and installation services in the Gulf of Mexico. The MPSV Harvey Deep Sea is chartered by Oceaneering through February 2027. Chris Dyer, Senior Vice President of OPG, highlighted that the agreement secures vessel backlog and optimizes equipment spreads, enhancing scheduling certainty and project execution.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.