Oceaneering Announces Umbilical Contract for the ExxonMobil Julia Project

abarrelfullabarrelfull wrote on 30 Jun 2013 14:27
Tags: exxon gofm n-america oceaneering services usa

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Oceaneering International, Inc. (NYSE:OII) announced that it has secured a contract with Exxon Mobil Corporation (NYSE:XOM) to supply a production control umbilical for its Julia field development located in the Gulf of Mexico Walker Ridge block.

The order is for an electro-hydraulic, steel tube umbilical approximately 14 miles
(22.5 kilometers) in length. Product manufacturing will be performed at Oceaneering’s facility in Panama City, Florida, with delivery scheduled for early 2015.

The umbilical will be used to supply hydraulic control fluids, chemicals, and electrical power signals to operate and monitor the subsea wells and manifold used in the field. The water depth at the installation location is approximately 7,200 feet.

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