October 17, 2016 / 11:11 AM / 10 months ago

BRIEF-Oceaneering completes acquisition of Blue Ocean Technologies

Oct 17 (Reuters) - Oceaneering International Inc :

* Oceaneering completes acquisition of Blue Ocean Technologies, expanding subsea services into riserless light well intervention

* Oceaneering International Inc says deal for approximately $30 million in cash

* Oceaneering International Inc - expects to invest approximately $10 million to complete construction of two RLWI systems

* Oceaneering International -deal include 3 RLWI systems, two of which are currently under construction, and are expected to be fully functional by mid-2017 Source text for Eikon: Further company coverage:

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