Oceaneering bags BP deal, warns of gloom to come

Subsea specialist Oceaneering International has won a two-year contract extension with BP off Angola, a silver lining that came as the company swung to a quarterly loss with more gloom ahead.

Contract extension: Oceaneering vessel Ocean Intervention III
Contract extension: Oceaneering vessel Ocean Intervention III
Published 28 October 2016, 01:31Updated 28 October 2016, 01:38
Africa