Oceaneering repays $100 million revolver borrowings in second quarter

By Sara Rosenberg

New York, July 28 - Oceaneering International Inc. paid down $100 million of its revolving credit facility debt during the second quarter, according to a news release.

At the end of the quarter, the company had $145 million of cash, $20 million of debt and $300 million available under its revolver.

Oceaneering is a Houston-based oilfield provider of engineered services and products, primarily to the offshore oil and gas industry.

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