Oceaneering International Inc - Company Profile
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Oceaneering International Inc(Oceaneering) is a global technology company that provides engineered services and products, as well as robotic solutions, to industries such as offshore energy, defense, aerospace, and manufacturing. The company's major offerings include remotely operated vehicles, survey and positioning services, specialty subsea hardware, and engineering and project management services. Oceaneering is associated with notable brands like Isurus and Liberty in its subsea robotics segment. Its products and services are utilized by customers in the oil and gas, power generation, petrochemical, and aerospace sectors, among others. The company operates through a network of facilities and partners, serving clients across various regions. Oceaneering's operations are primarily located in Africa, the United Kingdom, Norway, Brazil, Asia, and Australia, targeting both energy and non-energy markets. Oceaneering is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
Suite 400, 5875 North Sam Houston Parkway West, Texas, 77086
Website
www.oceaneering.com
Telephone
1 713 3294500
No of Employees
11,100
Industry
Energy and Utilities
Ticker Symbol & Exchange
OII (NYSE)
Revenue (2024)
$2.8B
4.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
139.9%
(2024 vs 2023)
Market Cap*
$4.1B
Net Profit Margin (2024)
XYZ
129.4%
(2024 vs 2023)
* As of and is in US$
Oceaneering International Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Products | Services |
| Remote Operated Vehicles | Pipeline Repair |
| Vessels | Well Stimulation |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In March, the company launched New Electric Propulsion Work Class Remotely Operated Vehicle (ROV) at Subsea Tieback Forum. |
| 2026 | Contracts/Agreements | In January, Oceaneering extended its Integrity Management and Digital Solutions unit’s inspection contract across multiple Equinor assets in Norway. |
| 2025 | Asset Disposal | In May, the company divested its Oceaneering Entertainment Systems to Falcon’s Beyond Global, Inc, a theme park company. |
Competitor Comparison
| Key Parameters | Oceaneering International Inc | McDermott International Ltd | Bureau Veritas SA | Weatherford International Plc | Helix Energy Solutions Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | France | United States of America | United States of America |
| City | Houston | Houston | Neuilly-Sur-Seine | Houston | Houston |
| State/Province | Texas | Texas | Haute Normandie | Texas | Texas |
| No. of Employees | 11,100 | - | 82,049 | 16,700 | 2,212 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| M. Kevin McEvoy | Chairman | Executive Board | 2023 | 75 |
| Roderick A. Larson | President; Chief Executive Officer | Executive Board | 2017 | 59 |
| Michael W. Sumruld | Chief Financial Officer; Senior Vice President | Senior Management | 2026 | 55 |
| Benjamin M. Laura | Senior Vice President; Chief Operating Officer | Senior Management | 2025 | 47 |
| Catherine E. Dunn | Vice President; Chief Accounting Officer | Senior Management | 2023 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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