Oceaneering International, Inc. (“Oceaneering”) announces that it has secured a three-year Provision of Inspection Enactment Services contract with Petrofac’s Engineering and Production Services division in the Western Hemisphere (“Petrofac”), growing its asset integrity portfolio within the U.K. Continental Shelf (UKCS).

Oceaneering will retain its existing contract on one of Petrofac’s Duty Holder assets, while expanding its service scope to include two additional North Sea facilities.

Oceaneering will provide inspection management, shutdown and project support for Petrofac, which manages these assets under its Duty Holder and service operator contracts. The contract includes two additional one year options. The work will be carried out by Oceaneering’s Asset Integrity team in Aberdeen.

Bill Boyle, Senior Vice President for Oceaneering’s Asset Integrity Division said, “We are delighted to have won this contract and to extend our long-standing relationship with Petrofac, having supported the company for more than 14 years.

“The addition of inspection enactment services enables us to further align ourselves with Petrofac’s commitment to providing value-added solutions that minimize risk, enhance integrity, reduce costs and unlock more value. We very much look forward to working with the team to enhance operability and continue the excellent safety and integrity standards across its Duty Holder portfolio.”

Oceaneering’s Asset Integrity division provides conventional and advanced non-destructive testing (NDT), specialist inspection solutions and integrity management capabilities, with a team of over 2,100 technically focused people, servicing clients from 24 global locations.

About Oceaneering

Oceaneering (NYSE:OII) is a global provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment and aerospace industries.

About Petrofac

Petrofac is an international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil and gas companies.

Petrofac designs, builds, operates and maintains oil and gas facilities, delivered through a range of innovative commercial models, enabling it to respond to the distinct needs of each client and helping them to transform the value of their assets across the oil and gas life cycle.

Petrofac’s service offering is underpinned by its ability to develop resource holders’ local capability through the provision of skills training with competency development and assurance frameworks. Around 20,000 employees operate out of seven strategically located operational centres, in Sharjah, Aberdeen, Abu Dhabi, Woking, Chennai, Mumbai, and Kuala Lumpur and a further 24 offices worldwide.

Petrofac is quoted on the London Stock Exchange (symbol: PFC)