Oceaneering International Inc - Company Profile
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Oceaneering International Inc (Oceaneering) is a global technology company that provides engineered services, products, and robotic solutions. The company's main activities include delivering underwater services and products to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. Oceaneering's major products and services encompass remotely operated vehicles, survey and positioning services, specialty subsea hardware, engineering and project management, and subsea intervention services. The company serves customers in the offshore energy industry, including oil and gas, as well as non-energy sectors such as aerospace and defense. Oceaneering operates in various geographic locations, with significant operations in Africa, the United Kingdom, Norway, Brazil, Asia, and Australia. The company targets markets in energy transition, mobility solutions, digital asset management, and aerospace and defense solutions. Oceaneering is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
5875 North Sam Houston Parkway West, Suite 400, Texas, 77086
Website
www.oceaneering.com
Telephone
1 713 3294500
No of Employees
10,400
Industry
Energy and Utilities
Ticker Symbol & Exchange
OII (NYSE)
Revenue (2024)
$2.7B
-100%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-100%
(2024 vs 2023)
Market Cap*
$3.6B
Net Profit Margin (2024)
XYZ
37.8%
(2024 vs 2023)
* As of and is in US$
Oceaneering International Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Remote Operated Vehicles | Pipeline Repair |
| Vessels | Well Stimulation |
| Workover Control Systems | Light Well Intervention |
| 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 |
|---|---|---|
| 2025 | Asset Disposal | In May, the company divested its Oceaneering Entertainment Systems to Falcon’s Beyond Global, Inc, a theme park company. |
| 2024 | Plans/Strategy | In November, the company and Infinite Acquisitions Partners LLC announced their plans to acquire Oceaneering Entertainment Systems. |
| 2024 | Acquisitions/Mergers/Takeovers | In October, the company acquired Global Design Innovation Ltd., a provider of digital and software services. |
Competitor Comparison
| Key Parameters | Oceaneering International Inc | McDermott International Ltd | Bureau Veritas SA | Weatherford International Plc | Tidewater 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 | 10,400 | - | 84,245 | 16,700 | 7,700 |
| 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 | 74 |
| Roderick A. Larson | Chief Executive Officer; President | Executive Board | 2017 | 58 |
| Michael W. Sumruld | Chief Financial Officer; Senior Vice President | Senior Management | 2026 | - |
| Benjamin M. Laura | Chief Operating Officer; Senior Vice President | Senior Management | 2025 | 46 |
| Catherine E. Dunn | Chief Accounting Officer; Vice President | Senior Management | 2023 | 47 |
| 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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