Oceaneering International, Inc. ("Oceaneering") announces that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the UK sector of the North Sea. The contracts were awarded by multiple operators in the region and, when combined, total an estimated 65 days with options to extend the contract durations.

These operations are expected to begin in August 2024 and will be supported utilizing the multiservice vessel (MSV) Island Frontier, which Oceaneering has previously operated in West Africa and the Black Sea. Oceaneering has extended its charter for the MSV Island Frontier until December 2025, securing vessel capacity to meet client needs.

These contracts will be managed and executed from Oceaneering's UK North Sea hub in Aberdeen, Scotland.