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Oceaneering announces Kizomba Satellites umbilical contract

Thursday, Dec 20, 2012

HOUSTON, Dec. 19, 2012 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced that it has secured a contract from Esso Exploration Angola (Block 15) Limited, a subsidiary of ExxonMobil Corporation, to supply umbilicals for the Kizomba Satellites Phase 2 development located offshore Angola, West Africa.

The order is for electro-hydraulic steel tube control umbilicals totaling approximately 43 kilometers (26.7 miles) in length.  Product manufacturing is planned to be performed at the Oceaneering Umbilical Solutions facility in Panama City, Florida and is expected to commence in the third quarter of 2013 and be completed in the third quarter of 2014.

The control umbilicals will be used to transmit hydraulic control fluids, chemicals, and electrical power signals to operate and monitor subsea wells and manifolds for the development of the Bavuca, Kakocha, and Mondo South fields in Block 15. The Kakocha umbilical will utilize a 3‑inch pipe for integrated service. The Bavuca and Kakocha umbilicals will tie back to the Kizomba B FPSO while the Mondo South umbilical will tie back to the Mondo FPSO.

SOURCE Oceaneering International, Inc.

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