Petrobras and Solstad Ink $84 Million Offshore Vessel Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
0mins
Source: NASDAQ.COM
New Contract Agreement: Petrobras has signed an $84 million contract with Solstad Offshore for the AHTS vessel Normand Turquesa, ensuring its service from February 2026 to February 2030, which reinforces Petrobras' operational capabilities in Brazil's offshore oil and gas sector.
Strategic Importance: The agreement highlights the essential role of advanced AHTS vessels in Petrobras’ exploration activities, showcasing a commitment to enhancing offshore logistics and supporting long-term projects in Brazil’s pre-salt regions.
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Analyst Views on OII
Wall Street analysts forecast OII stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for OII is 25.50 USD with a low forecast of 23.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 29.670
Low
23.00
Averages
25.50
High
28.00
Current: 29.670
Low
23.00
Averages
25.50
High
28.00
About OII
Oceaneering International, Inc. is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. Its Subsea Robotics segment includes remotely operated vehicles (ROVs), survey services and ROV tooling businesses. The Manufactured Products segment provides distribution systems, such as production control umbilicals and connection systems made up of specialty subsea hardware, along with clamp connectors and subsea and topside control valves. The Offshore Projects Group segment provides a portfolio of integrated subsea project capabilities and solutions. The Integrity Management & Digital Solutions segment provides asset integrity management, corrosion management, inspection and nondestructive testing services. The Aerospace and Defense Technologies segment provides services and products, including engineering and related manufacturing in defense and space exploration activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Oceaneering International, Inc. to Report 2025 Financial Results on February 18, 2026
- Earnings Release Schedule: Oceaneering International, Inc. will release its fourth quarter and full year 2025 financial results after the market closes on February 18, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Details: The company will host a conference call and webcast on February 19, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to provide an in-depth analysis of the financial results and engage with investors.
- Investor Relations Website: The earnings release and a link to the webcast will be available on Oceaneering's Investor Relations website, enhancing the flow of information between the company and its investors.
- Company Overview: Oceaneering is a global technology company delivering engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries, showcasing its extensive influence across multiple sectors.
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Oceaneering International (OII) to Report Q4 and Full Year 2025 Results on February 18, 2026
- Earnings Release Schedule: Oceaneering International will report its Q4 and full year 2025 financial results on February 18, 2026, after the NYSE closes, providing investors with critical performance metrics and future outlook.
- Conference Call Details: The company will host a conference call and webcast on February 19, 2026, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss the financial results and their implications for the business with investors.
- Investor Relations Link: The earnings release and a link to the webcast will be posted on Oceaneering's Investor Relations website, ensuring timely access to relevant information for investors and facilitating engagement in discussions.
- Company Background: Oceaneering is a global technology company delivering engineered services, products, and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries, showcasing its technical strength and market influence across multiple sectors.
Continue Reading