Oceaneering Announces BHP Billiton Umbilical and Distribution Equipment Contract

Oceaneering International, Inc. announced that it has secured a contract with BHP Billiton Petroleum Pty Ltd, a subsidiary of BHP Billiton, Limited, to supply umbilicals and distribution equipment for development of the Macedon gas field off Western Australia.  
Oceaneering's scope of supply is for an integrated umbilical system consisting of approximately 100 km (62 miles) of steel tube umbilicals and associated distribution equipment, including termination assemblies and flying leads.  The umbilicals are scheduled to be manufactured at Oceaneering's plant in Rosyth, Scotland.  The distribution hardware is planned to be made at Oceaneering's facilities in Houston, Texas and Rosyth.  Product manufacturing is expected to commence in the second quarter of 2011.
BHP's Western Australia Macedon gas development consists of four wells in approximately 180 meters (590 feet) water depth.
Source: Press release