Oceaneering gets two-year contract extension from BP for offshore Angola
Under this contract term extension, the Ocean Intervention III will remain chartered through April 2017, with five option periods for further extension of one-month each. Additional vessels and services, if any, would be provided during the remaining period of the contract, on as-needed basis.
M. Kevin McEvoy, Chief Executive Officer of Oceaneering, said, "We are pleased to have secured this contract extension with BP.
"In support of this contract, we are also providing a wide range of vessel-related subsea services, including remotely operated vehicles, tooling, asset integrity, and diving services. This extension strengthens our long-term commitment in Angola, which we see as a vital deepwater market for Oceaneering's services and products." ■