Article: Oceaneering Announces BC-10 Umbilical Contract.

HOUSTON, Jan. 4 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. announced that it has secured a contract with the BC-10 Consortium, operated by Shell, to supply umbilicals for block BC-10 offshore Brazil.

The order is for hybrid subsea pump and steel tube production control umbilicals totaling approximately 50 kilometers (31 miles) in length. Manufacture of the product is planned to involve the Oceaneering Multiflex facilities in Panama City, Florida and Niteroi, Brazil commencing in late 2007.

These umbilicals will be used for the ten well, subsea development of the Ostra, Abalone, and Argonauta fields in water depths ranging from 4,900 to ...

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