No time to summarise unfortunately except to say Oceaneering International - one of the bigger players in the offshore oil services industry - just posted a cracker of result versus expectations and gave some pretty upbeat guidance on the sector in general. Worth a read of the transcript if you have the time.
http://seekingalpha.com/article/232814-oceaneering-international-ceo-discusses-q3-2010-results-earnings-call-transcript?source=thestreet
Would be nice if our beloved Neppy could give as much clarity around the business and their actual operations as Oceaneering instead of constantly referring to a "robust tendering" pipeline! Maybe one day...
Cheers
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