Oceaneering International, Inc. announces that it has been awarded multiple contracts for its Integrity Management and Digital Solutions (IMDS) segment with over $80 million booked in the fourth quarter of 2021. The majority of these bookings, which are primarily with major offshore operators, represent renewals of existing agreements, with durations ranging from one to four years. The scopes of work for these contracts include risk, reliability and maintenance engineering services, inspection services for onshore and offshore projects, and energy and maritime intelligence software services.

The sites covered by these contracts include ports & terminals, nuclear power plants, LNG terminals, oil & gas production facilities, and bulk cargo vessels, primarily in Australia, Norway, UK, and Brazil. These fourth quarter bookings also complete a successful year for IMDS, in which more than $300 million in new bookings were obtained. This level of bookings provides significant support to Oceaneering's expectation for continued growth of value-based solutions within its IMDS businesses in 2022.