Oceaneering International, Inc. (NYSE:OII) announces that its Subsea Robotics segment won multiple contracts during the fourth quarter of 2020, with anticipated aggregate revenue in excess of $225 million. These contracts are with international oil and gas operators and marine construction companies, and range in duration from several months to five years. The work scopes are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and multi-service, subsea intervention, and construction vessels. Also included among the contracted scopes are ROV tooling, survey, positioning, and autonomous underwater vehicle (AUV) services.
The Zacks Analyst Blog Highlights: Kinder Morgan, Apache Corp, Whiting Petroleum, Oceaneering International and Petrobras
Energy infrastructure provider Kinder Morgan's (KMI) Permian Highway Pipeline entered service, while upstream operator Apache (APA) announced the creation of a new holding-company structure.