Welcome to our dedicated page for Oceaneering Intl news (Ticker: OII), a resource for investors and traders seeking the latest updates and insights on Oceaneering Intl stock.
Oceaneering International Inc. (OII) delivers advanced engineered solutions for subsea robotics, offshore energy, and aerospace industries. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological innovations.
Track official press releases, strategic partnerships, and operational milestones across Oceaneering's core segments. Key updates include subsea robotics advancements, offshore project executions, aerospace/defense contracts, and integrity management solutions. All content is sourced directly from company filings and verified industry publications.
Bookmark this page for consolidated access to earnings reports, product launches, and market positioning updates. Our neutral presentation ensures you receive factual information without promotional bias, supporting informed analysis of OII's evolving role in complex engineering sectors.
Oceaneering International announced that its President and CEO, Roderick A. Larson, will present at the J.P. Morgan Energy, Power & Renewables Conference in New York on June 18, 2024. Larson, along with CFO Alan R. Curtis, will also engage with institutional investors. The company's Q1 2024 Investor Presentation is available on their website. Oceaneering is known for providing advanced engineered services and robotic solutions in various sectors, including offshore energy, defense, aerospace, manufacturing, and entertainment.
Oceaneering International, a leading subsea engineering and applied technology company, has secured two major contracts with Petrobras. These contracts, obtained through competitive bidding, are expected to generate between $120 million and $183 million in revenue. Oceaneering will supply 362 kilometers of steel tube and thermoplastic electro-hydraulic umbilicals, along with associated subsea distribution hardware, for Petrobras' offshore projects in Brazil. The manufacturing will occur at Oceaneering's facility in Niteroi, Brazil, with deliveries expected by Q4 2027. This accomplishment highlights Oceaneering's strong market position and commitment to quality and timely delivery.
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