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Oceaneering s Manufactured Products Segment Wins Contracts in Excess of $135 Million
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Wholesale Price Index Spikes 7 39% On Year, Food Price Inflation Above 5%
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Updated Mar 15, 2021 | 13:17 IST
In February provisional food prices and manufactured products, which hold maximum weightage in the WPI index, rose 3.31% and 5.81% respectively on a sequential basis February wholesale inflation rises to 27-month high at food prices rise | Photo Credit: Representative Image
New Delhi: Wholesale Price Index (WPI) based inflation quickened to 4.17% in the month of February as compared to last month, said the Department for Promotion of Industry and Internal Trade (DPIIT) Monday. It stood at 2.26% in the same month last year and rose to 2.03% last month, January 2021.
Wholesale prices in February this year, which were highest in the last 27 months, rose on the back of rising food prices and manufactured goods.
Oceaneering Wins Integrated Rig Services Contract For Gulf Of Mexico Development
Oceaneering International, Inc. (Oceaneering) announces that its Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract for covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.
The work scope includes the provision of remotely operated vehicles (ROVs) with collocated ROV tooling and technicians, remote positioning and metrology survey resources, and installation and workover control system (IWOCS) equipment and technicians. Work is scheduled to begin in early 2021 and carry into 2022.
Earl Childress, Senior Vice President and Chief Commercial Officer, said, “The operator’s decision to contract our robotics and IWOCS services is a positive and anticipated response to our realigned segments, which allows us to deliver the integrated processes and products that enable consistent and efficient work scopes.”
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