Oceaneering International shares fall 1.09% premarket after winning $80M-$90M contract from ExxonMobil.

Oceaneering International, Inc. fell 1.09% in premarket trading, with the company announcing that its subsidiaries have been awarded a contract by Esso Exploration Angola for services in support of Esso’s offshore operations in Angola Block 15. The contract, which commenced on July 1, 2025, is expected to generate $80 million to $90 million in revenue over its three-year term. This contract was re-awarded following a competitive bidding process.