Oceaneering International, Inc. (OII)

Overview

Oceaneering International, Inc. is a global provider of engineered services and products primarily to the offshore energy sector, with a wide range of services also extending into defense, aerospace, manufacturing, and entertainment industries. With its inception in 1964, the company has rooted its headquarters in Houston, Texas, and has expanded its offerings to include a vast array of robotic solutions and services worldwide. Oceaneering operates through several business segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies, addressing complex challenges with innovative technological solutions. Their expertise spans from deep-sea exploration to space exploration, emphasizing their diverse capabilities and commitment to advancing industry standards.

Products and Services

• Remotely Operated Vehicles (ROVs)

  Oceaneering offers ROVs for a range of offshore tasks such as drill support, vessel-based services, subsea hardware installation, pipeline inspection, and maintenance. The company stands out in providing comprehensive underwater services that include construction, facilities inspection, and repair, with a variety of ROV tooling solutions.

• Survey Services

  They deliver survey services that cover hydrographic survey, positioning services, and the utilization of autonomous underwater vehicles for geoscience purposes. These services are essential for detailed seabed mapping, site inspections, and environmental monitoring.

• Distribution and Connection Systems

  The company's offerings in this category include production control umbilicals and an array of field development hardware. Their solutions extend to pipeline connection and repair systems, catering to the intricate needs of the energy industry's subsea infrastructure.

• Autonomous Mobile Robotics and Entertainment Systems

  This unique segment combines engineering excellence with innovation to provide autonomous mobile robotic technology alongside entertainment systems for various industries, showcasing Oceaneering's versatility beyond traditional sectors.

• Subsea Installation and Intervention

  Oceaneering's services include riserless light well intervention, inspection, maintenance, and repair services. They also offer installation and workover control systems alongside ROV workover control systems, demonstrating their competence in enhancing subsea operations and interventions.

• Diving Services

  The company provides specialized diving services for underwater operations, alongside project management and engineering expertise. These services are critical for the inspection, repair, and maintenance of subsea installations.

• Asset Integrity Management and Digital Solutions

  Oceaneering offers comprehensive asset integrity management solutions, along with software and analytical tools tailored for the bulk cargo maritime industry. Their digital and connectivity solutions serve the energy sector with advanced capabilities in data management and analysis.

• Government Services and Products

  The company also engages with the U.S. government agencies and their prime contractors by providing engineering and manufacturing services related to defense and space exploration activities. Their contributions underline the role of advanced technology in national security and space sciences.