U.S. Markets closed

Oceaneering announces vessel charter

Oceaneering International announced that it has entered into a three-year charter for use of the Normand Flower, a multi-service subsea support vessel owned by Solstad Offshore ASA. The charter term is expected to commence during Q4 upon arrival of the vessel for work in the Gulf of Mexico. Prior to commencement of the charter, the Normand Flower will undergo modifications to enhance its project capabilities, including reconfiguration to accommodate two Oceaneering, high-specification, work class ROVs. The vessel will also be equipped with a satellite communications system capable of transmitting streaming video for real-time work observation by shore personnel.