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Shell Charters Oceaneering Vessel for IMR

Oceaneering International, Inc. has entered into a two-year, multiservice vessel charter agreement with Shell Offshore Inc. for use of the Ocean Alliance in the U.S. Gulf of Mexico (GOM) commencing January 1, 2015. The Ocean Alliance is a U.S. flagged vessel built in 2010 with an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69 personnel, a helideck, a 150-ton active heave compensated crane and a working moonpool. The vessel is outfitted with two Oceaneering work class remotely operated vehicle (ROV) and is equipped with a satellite communications system capable of transmitting streaming video for real-time work observation by shore personnel. Oceaneering said the vessel is expected to be used by Shell to perform subsea inspection, maintenance and repair (IMR) projects and hardware installations.