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UK: Neptune Energy awards USD6.5M contracts for Cygnus gas facility 12 Jan 2021 Neptune Energy has announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Stork, to the value of approx. $6.5 million.  Oceaneering will supply integrity management services covering pressure systems, structural, pipeline, erosion management and offshore inspection services. Oceaneering will work closely with Stork which will deliver fabric maintenance and scaffolding services for Cygnus, located in the UK Southern North Sea. The contrac...

Europe, Crawford Tennant, said: 'Oceaneering is delighted to win this integrity management services contract from Neptune, expanding our existing scope of work. We look forward to working with the...

Neptune Awards Work at UK Cygnus Platform Jan 12, 2021 10:10:am Summary by: Joe Murphy Posted in: Neptune Awards Work at UK Cygnus Platform Private equity-backed Neptune Energy has awarded $6.5mn in contracts for integrity management and fabric maintenance at its Cygnus gas platform in the UK to Oceaneering and Stork, it said on January 12. Oceaneering will supply integrity management services covering pressure systems, structural, pipeline, erosion management and offshore inspection services, Neptune said. The company will also work closely with Stork which will deliver fabric maintenance a...

Oceaneering (OII) Wins Deals Worth $250M for IMDS Unit in Q4 Zacks.com 1/7/2021 Oceaneering International, Inc. OII registered quite a few multi-million dollar deal wins in the fourth quarter of 2020 for its Integrity Management and Digital Solutions unit (IMDS). These contracts, valued at more than $250 million, are obtained from major clients and operators and are mostly for a period of three to five years. Nearly 55% of the total contracts represent the extension of the existing deals while the remaining 45% reflects the brand-new businesses. Per the agreements, the terms of activity inv...

Oceaneering's Integrity Management and Digital Solutions Segment Announces Recent Contract Wins Exceeding $250 Million News provided by Share this article Share this article HOUSTON, Jan. 6, 2021 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announces that, since the beginning of the fourth quarter 2020, it has won multiple significant contracts for its Integrity Management and Digital Solutions (IMDS) segment.  The contracts range in duration from three to five years, with a cumulative value exceeding $250 million.  These awards, from major operators for several internati...