Oceaneering International, Inc.

Oceaneering International, Inc. (NYSE: OII) is a global provider of engineered services and products, primarily to the offshore energy industry, with a focus on deepwater applications. Founded in 1964 as World Wide Divers and incorporated as Oceaneering International in 1969, the company has grown into a diversified technology leader operating in 24 countries with more than 70 operational bases and approximately 12,000 employees. Oceaneering operates the world's premier fleet of approximately 250 work-class remotely operated vehicles (ROVs), commanding an estimated 59% market share among contracted floating drilling rigs. The company's five business segments include Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace & Defense Technologies. Key capabilities span ROV services, subsea hardware manufacturing (including production control umbilicals and Grayloc clamp connectors), survey and positioning, non-destructive testing, light well intervention, crewed diving, and space systems engineering for NASA. Headquartered in Houston, Texas, the company generated $2.66 billion in revenue in 2024.