Oceaneering International, Inc.
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in mil. unless spec.Company Description
- CEO
- Roderick A. Larson
- Full Time Employees
- 11,100
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 5875 North Sam Houston Parkway West Houston TX United States 77086
- IPO Date
- Dec 17, 1991
- CIK
- 0000073756
- Website
- oceaneering.com
- Similar Companies
- Business
- Oceaneering International, Inc. (NYSE:OII) provides engineered services, products, and robotic solutions primarily to the offshore energy industry, along with defense, aerospace, manufacturing, science, material handling, and renewable energy sectors; core offerings encompass remotely operated vehicle (ROV) services, specialty oilfield subsea hardware, deepwater intervention and crewed diving services, non-destructive testing and inspections, engineering and project management, surveying and mapping, asset integrity management, digital solutions including the acquired GDi Vision software, autonomous underwater vehicles, and advanced technologies such as the upgraded Ocean Intervention II vessel for simultaneous autonomous survey missions. Founded in 1964 through the merger of diving companies and headquartered in Houston, Texas, the company operates in 24 countries across six continents with over 70 bases and approximately 12,000 employees, maintaining significant presence in regions including Africa, the United Kingdom, Norway, Brazil, Asia, Australia, the Middle East, and the Americas. Recent developments include the 2024 acquisition of UK-based Global Design Innovation Ltd. to bolster digital and software capabilities within its Integrity Management and Digital Solutions segment; the May 2025 sale of its Oceaneering Entertainment Systems division to Falcon's Beyond; securing multimillion-dollar U.S. Department of Defense contracts for autonomous underwater vehicles; and in 2025 awarding multiple four-year subsea robotics contracts worth about $180 million from Petrobras for ROV services, tooling, and surveys on Brazilian offshore projects, alongside reporting robust Q2 2025 financial growth with elevated EBITDA guidance for the year between $400 million and $430 million.
Company News
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