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Home›Subsea›Oceaneering Announces Sale of MOPS – Ocean Legend (USA)
Subsea

September 13, 2011 · about 15 years ago

Oceaneering Announces Sale of MOPS – Ocean Legend (USA)

Oceaneering International, Inc. announced the sale of the Ocean Legend, a mobile offshore production system, to an undisclosed buyer. Oceaneering’s third quarter 2011 earnings will include an estimated pretax gain in the range of $17 million to $19 million on the sale of this asset in its Subsea Pro

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Oceaneering International, Inc. announced the sale of the Ocean Legend, a mobile offshore production system, to an undisclosed buyer.

Oceaneering’s third quarter 2011 earnings will include an estimated pretax gain in the range of $17 million to $19 million on the sale of this asset in its Subsea Projects segment operating results.

Oceaneering’s 2011 EPS guidance previously given did not include the anticipated results of this transaction.

[mappress] Source: Oceaneering, September 13, 2011;

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