Oceaneering International Dual Hydra Rov Systems At 100 Percent Utilization

Oceaneering International has been awarded four new offshore drilling rig support contracts. Dual Hydra remotely operated vehicle systems (ROVs) will be utilized to provide the full range of drilling support work tasks for Marathon Australia on the Sedco 600; Occidental U.K. on the Ocean Liberator; Cultus Pacific New Zealand on the Benreoch; and Elf Aquitaine Australia on the Diamond M. Epoch.

Five other systems are also on contract, and with the new contracts, all nine Dual Hydra systems are working. They are working in the Americas, United Kingdom and Asia Pacific regions.

Oceaneering with its affiliate companies, is the world's largest contractor providing total underwater, offshore survey, engineering and inspection services to the worldwide oil and gas industry. The company operates from 52 offices in 21 countries and has corporate headquarters in Houston.

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