Oceaneering International

Oceaneering is a global provider of engineered services and products, primarily serving the offshore oil and gas industry with a focus on deepwater applications. The company leverages its technological expertise to also support the defense, aerospace, and entertainment sectors. Oceaneering offers a range of services, including remotely operated vehicles, custom subsea hardware, deepwater intervention, manned diving services, non-destructive testing and inspection, as well as engineering and project management. Its operations are organized into five segments: subsea robotics, manufactured products, offshore projects, integrity management and digital solutions, and aerospace and defense technologies. Oceaneering aims to enhance shareholder value by delivering safe, cost-effective, and high-quality technical solutions that meet customer needs globally. The company's core values emphasize safety, teamwork, ethics, customer focus, excellence, and accountability in its interactions with clients and employees.

Cardon Gerner

Senior VP and CFO

Mike Hughes

Founder

Martin McDonald

Senior Vice President, Divisional

Kevin McEvoy

Director

Robert Moschetta

Senior Vice President, Health Safety Environment / Training / Quality

16 past transactions

Global Design Innovation

Acquisition in 2024
Provider of engineering and consultancy services intended to offer asset management, engineering, and inspection solutions across the energy sector. The company's services include multi-discipline engineering, project management, detailed design, integrity services, software design, and surveys, for construction and installation, thereby providing clients with big data analysis and enhanced software solutions to deliver cost and time savings, while increasing safety and quality by utilizing technology.

Ecosse Subsea Systems

Acquisition in 2018
Ecosse Subsea Systems Limited is a specialist in subsea technology and offshore engineering consulting, providing a comprehensive suite of services and equipment for the oil and gas, offshore wind, wave power, and tidal industries. Established in 1996 and headquartered in Banchory, United Kingdom, the company designs, develops, builds, hires, and operates a variety of subsea equipment tailored to meet offshore installation requirements. Its offerings include trenching, seabed preparation, route clearance, pipe-lay systems, and ambient lifting. Ecosse Subsea Systems is recognized for its commitment to research and innovation, focusing on understanding client needs to create flexible and cost-effective solutions suitable for challenging environmental and seabed conditions. The company operates internationally, delivering bespoke engineering consultancy and personnel support that can be customized for specific projects.

Blue Ocean Technologies

Acquisition in 2016
Blue Ocean Technologies, LLC is a provider of subsea services specializing in the offshore oil and gas production sector. Founded in 2008 and based in Conroe, Texas, the company offers a range of services including sliding sleeve interventions, workovers, plugging and abandonment, logging, clean out, subsea well diagnostics, and damaged well remediation. Additionally, Blue Ocean is known for its riserless light well intervention services, utilizing an interchangeable riserless intervention system that enhances efficiency and cost-effectiveness in well interventions. The company operates through mono-hull vessels to facilitate oil and gas recovery from subsea wells, catering to the challenges faced by petroleum operators in the industry. As of 2016, Blue Ocean Technologies operates as a subsidiary of Oceaneering International, Inc.

Meridian Ocean Services

Acquisition in 2016
Meridian Ocean Services specializes in marine survey and inspection services, with a strong emphasis on remotely operated vehicle (ROV)-based subsea operations. The company utilizes a fleet of advanced marine systems to conduct subsea surveys and inspections, supporting deep-water construction and drilling activities. By leveraging cutting-edge technology and expertise in marine operations, Meridian Ocean Services plays a crucial role in ensuring the safety and efficiency of underwater projects.

Viper Subsea Technology Limited

Funding Round in 2015
Viper Subsea Technology Limited provides distribution solutions for global industries including subsea and rail. Our product and service offering covers the full project lifecycle from providing expert system level input at FEED study, to the design and supply of hardware, and on to asset integrity management of the installed equipment. Viper Innovations takes pride in providing cutting edge distribution technology and expert level consultancy services to provide practical solutions for the real problems our clients experience on a day to day basis.

C&C Technologies

Acquisition in 2015
C&C Technologies, Inc., established in 1992 and headquartered in Lafayette, Louisiana, is a global provider of surveying and mapping services. Primarily serving the oil and gas industry, along with telecommunications and government organizations, the company offers an extensive range of services including marine construction surveys, pipeline surveys, autonomous underwater vehicle (AUV) services, geoscience support, and unmanned surface vehicles for military and commercial markets. With additional offices worldwide, C&C Technologies operates as a subsidiary of Oceaneering International, Inc., providing precise and comprehensive survey solutions both onshore and offshore.

Spectrum Sales & Services

Acquisition in 2014
Spectrum Sales & Services LLC is developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer.

AIRSIS

Acquisition in 2014
AIRSIS, Inc. specializes in Internet software development, focusing on remote asset management and maritime solutions. Founded in 1998 and headquartered in San Diego, California, the company provides services to track and monitor fleets of mobile assets such as intermodal containers, heavy equipment, and mobile generators, along with custom solutions. Additionally, AIRSIS offers fixed asset management solutions for industries including broadcasting, oil and gas, and environmental products. One of its notable maritime solutions is PortVision, a web-based service designed to deliver comprehensive information about vessel and terminal activities.

Frog AGV Systems

Acquisition in 2013
Frog AGV Systems, based in Utrecht, Netherlands, specializes in the development and marketing of automated guided vehicle (AGV) systems, including both navigation hardware and software. The company offers a range of products, such as box runners for small loads, pallet movers for transporting larger items, and specialized carriers for heavy or irregularly sized loads. Additionally, Frog AGV manufactures key components like the FrogBox Light for sensory connections, Touch Screen Terminals for user interface, and various sensors and amplifiers to enhance vehicle functionality. Frog AGV also provides consultancy services to assess the suitability and feasibility of AGV systems, along with maintenance support. Its products cater to diverse industries, including automotive, healthcare, metal, molding, pharmaceuticals, defense, and fast-moving consumer goods. Founded in 1984, Frog AGV operates additional offices in Germany and the United States, specifically in Charlotte, North Carolina, and Detroit, Michigan, and functions as a subsidiary of Oceaneering International.

AGR Field Operations Holdings AS

Acquisition in 2011
AGR Field Operations Holdings AS is a provider of inspection, maintenance, subsea engineering, and field operations services.

Norse Cutting & Abandonment

Acquisition in 2011
Norse Cutting & Abandonment specializes in providing a comprehensive range of oilfield services to the oil and gas industry, focusing on both subsea and surface operations. Its subsea services include drilling, completion, installation, production, and decommissioning, while surface services encompass inspection, maintenance, repair, asset integrity, and data solutions. The company also offers plug and abandonment services, onsite machining for abandoned wells, platform removal, testing and inspection services, and well slot recovery projects. Additionally, it provides rental equipment and mooring products and services. Founded in 1999, Norse Cutting & Abandonment operates globally, with bases in Stavanger, Houston, and Aberdeen.

Ifokus Engineering AS

Acquisition in 2007
Ifokus Engineering AS is designer and manufacturer of specialty subsea products. Ifokus Engineering AS develops, designs, and builds electrical actuators for the remote operation of sub sea oil and gas production and transportation systems. It offers linear anti surge actuators; ROV installable suction hatches, SSIV actuation skids, multi-purpose transport baskets, ROV charge skids, ROV replaceable anode systems, hydrate removals, pipe vibration clamps, and gas leakage and automatic shut down systems; fluid transfer and control products, such as hot stabs, remote controllers, pressure compensators, quick connector systems, fluid injection and sampling units, valves, and pressure compensators; ROV tools; and valve intervention products, including protection systems.

CET Medway

Acquisition in 2007
CET Medway Ltd., a Non-Destructive Testing and Inspection Service Company based in Strood, Kent, England. CET Medway was formed in 1986 and provides a comprehensive range of services to the Oil, Gas, Petrochemical, Power and Fabrication market sectors.

Grayloc Products

Acquisition in 2005
Grayloc Products, L.L.C is a manufacturer specializing in clamp connectors, serving diverse industries such as oil and gas production, chemical processing, power generation, aerospace, and food processing. Their product portfolio includes connection connectors, piping components like hubs and valves, and wellhead equipment. They also offer onsite services including field machining, repair, maintenance, and connector inspection. Grayloc operates engineering and manufacturing facilities in Houston, Texas, and Aberdeen, Scotland.

Rotator AS

Acquisition in 2003
Rotator AS is the premier designer and manufacturer of subsea control valves.

Reflange

Acquisition in 2003
Reflange, Inc., a manufacturer of patented, metal seal piping connectors and a supplier of on-site machining services.
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