Oceaneering International (NYSE:OII) is to supply eight remotely operated vehicles (ROVs) to Maersk.
The Houston based subsea firm will also supply survey, tooling, engineering, communication and data solutions to support the Danish business conglomerate’s global operations.
The ROVs are to be installed onboard six Mærsk newbuild vessels.
The new ships include two Stingray-class subsea intervention vessels and four Starfish-class anchor handling tug supply vessels.
They are scheduled for delivery through 2017.
Oceaneering provides ROVs, survey and associated services on a number of existing Mærsk vessels and drilling rigs.
M. Kevin McEvoy, chief executive officer of Oceaneering, said: “We are excited about the opportunity to continue our long-standing relationship with Mærsk as one of their preferred providers.
“Our companies share a similar set of core values, and together our combined range of services, experience, and focus on safety and quality, make for a successful working relationship.
“This award is consistent with our stated objective to increase the number of ROVs onboard third-party vessels while maintaining our ROV market share on contracted rigs and those most likely to return to work.”
Olivier Trouve, head of integrated solutions at Maersk added: “Through this strong partnership with Oceaneering we are able to simplify the planning and procurement process for clients by offering multiple services in one agreement.
“This cooperation is a prime example of how our new integrated solutions business area is dedicated to providing a smoother sourcing and execution process for our customers worldwide.