Preheat oven to 350o F.
Grease and flour or spray 2 large loaf pans 5" X 9".
In a large bowl, mix together the oil, eggs, pumpkin and water.
Add the flour, sugar, baking soda, nutmeg, and cinnamon.
Combine well.
Pour batter into prepared loaf pans.
Bake at 350o F for 1 hour or until toothpick inserted in center comes out clean.
Cool in pan on wire rack for 10 minutes; remove from pan.
Makes 2 loaves.