Oceaneering, GE Oil & Gas Bag Subsea Contract for Ghana's OCTP Project

Oceaneering International, Inc. reported Monday that, as part of a consortium with GE Oil & Gas, it has secured a contract with ENI Ghana Exploration and Production, Ltd. and its partners, Vitol and Ghana National Petroleum Corp., to supply equipment for the Offshore Cape Three Points (OCTP) Block Project development located off the coast of West Africa.

Oceaneering’s scope of work under this contract is to supply electro-hydraulic, steel tube umbilicals totaling approximately 32 miles (51 kilometers) in length. This contract adds over $100 million to its Subsea Products backlog.

Product manufacturing is planned to be performed at Oceaneering’s umbilical facility in Panama City, Florida and is expected to commence in the second quarter of 2015 and be completed in the fourth quarter of 2017.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Relay Tech
Expertise: Electrical Technician
Location: Ohio, OH
 
Distribution Design Engineer- Hobbs, NM Job
Expertise: Design Engineer|Supply & Distribution
Location: Hobbs, NM
 
Distribution Design Engineer-Plainview, TX Job
Expertise: Design Engineer|Supply & Distribution
Location: Plainview, TX
 
search for more jobs

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours