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The Offshore Projects Group (OPG) Will Use the Multi-Purpose Support Vessel Harvey Deep Sea to Perform Essential Services in the Region, Strengthening Its Project Portfolio.
Oceaneering, an underwater engineering company based in Texas, secured a new vessel services contract in the Gulf of Mexico. Through its Offshore Projects Group (OPG), the company finalized the agreement with an undisclosed operator for the execution of installation, inspection, maintenance, and repair (IMR) services.
Vessel and Agreement Details
The project will be carried out by the multi-purpose supply vessel (MPSV) Harvey Deep Sea. The vessel, built in 2013, is currently chartered by Oceaneering until February 2027. For operations, the vessel features two remotely operated vehicles (ROVs) from the Oceaneering Millennium work class.
Scope of Installation and Maintenance Services
Thanks to the signed contract, the MPSV will be deployed to perform two main work fronts. The first involves inspection, maintenance, and repair (IMR) services on underwater structures. The second focus includes installation services for the operator in the Gulf of Mexico.
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Strategic Vision and Benefits for Oceaneering
Chris Dyer, senior vice president of OPG, commented on the importance of the agreement. He emphasized that the award secures the company’s fleet in the region. Additionally, it enables equipment optimization and reduces uncertainties in project scheduling.
Dyer stated that Oceaneering is eager to provide essential IMR and installation services. He concluded by highlighting the company’s commitment to creating value for clients and executing projects safely, efficiently, and with high quality.
Context of Growth and Corporate News from Oceaneering
This new contract was announced a month after Oceaneering won a long-term underwater project at the BP gas field off the coast of Mauritania and Senegal. The American company has demonstrated positive momentum, with a 13% increase in annual revenue, which reached US$ 675 million in the first quarter of 2025. Recently, the company also revealed a succession plan for its chief financial officer (CFO).
