Oceaneering Lands Five-Year Asset Integrity Contract in Qatar

Oceaneering International, Inc. (NYSE: OII) announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract, which includes two optional one-year extensions, is expected to contribute meaningful revenue over its initial term. This award followed a competitive tender process and reinforces Oceaneering's role in providing long-duration, technology-enabled integrity management services in Qatar.

Oceaneering Employee
(Image Credit: Oceaneering)

Oceaneering International has announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract, which includes two optional one-year extensions, is expected to contribute meaningful revenue over its initial term. This award followed a competitive tender process and reinforces Oceaneering’s role in providing long-duration, technology-enabled integrity management services in Qatar.

Oceaneering has operated in Qatar for more than 20 years supporting the country’s critical energy infrastructure. Under this contract, Oceaneering will deliver non-destructive testing, inspection services, and value engineering utilizing its established local workforce and leveraging Inform™, its digital inspection software. The scope may also include the deployment of Vision™, Oceaneering’s data visualization platform.

Leo Granato, Senior Vice President of IMDS, stated: “This award underscores our ability to deliver reliable, digitally enabled integrity solutions that enhance production reliability and asset uptime while supporting regulatory compliance. Our established team in Qatar enables safe and consistent execution of our innovative solutions, while deepening the development of local talent.”

Don't miss the headlines. ON&T's Top 10, every week.

More in Subsea & Survey

Latest Issue:

Critical Underwater Infrastructure (CUI), the indispensable network of submarine cables, pipelines, and other seafloor installations that…

Your cON&Tent matters. Make it count.

Send us your latest corporate news, blogs or press releases.

Search

ON&T Newsletter

One email a week. Unsubscribe anytime.
Newsletter Subscription