So the original oxygen gets ripped off completely and is replaced by 18O?
I'm having some trouble understanding this. I have this in my head so far:
The double bond in C=O is broken, leaving C-O. Normally a nucleophile comes in and we end up with Nu-C-OH. But instead of that, it's completely replaced by the 18O and double bond is formed.
From your post, I'm getting:
C=O is broken, we get C-O. Labeled water attacks and we get 18O-C-O (What happens now? Oxygen leaves and forms a double bond with the 18O?)