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

Roderick Larson

President and CEO

Martin McDonald

Senior Vice President, Divisional

Kevin McEvoy

Director

Robert Moschetta

Senior Vice President, Health Safety Environment / Training / Quality

15 past transactions

Ecosse Subsea Systems

Acquisition in 2018
Ecosse Subsea Systems Limited specializes in subsea technology and offshore engineering consultancy, focusing on the oil and gas, offshore wind, wave power, and tidal industries. Founded 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 needs. Its offerings encompass trenching, seabed preparation, pipe-lay technology, and ambient lifting, as well as personnel services and bespoke engineering consultancy. Ecosse Subsea Systems is recognized for its commitment to research, development, and innovation, enabling the creation of robust and cost-effective solutions that adapt to challenging seabed and environmental conditions. The company operates internationally and emphasizes understanding client needs to deliver flexible services that align with specific project requirements. As of March 2018, Ecosse Subsea Systems operates as a subsidiary of Oceaneering International, Inc.

Blue Ocean Technologies

Acquisition in 2016
Blue Ocean Technologies, LLC specializes in providing subsea services to 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 remediation of damaged wells. It is particularly known for its riserless light well intervention services, utilizing its flagship interchangeable riserless intervention system (IRIS) to deliver efficient and cost-effective solutions that enhance recovery while minimizing expenses. Blue Ocean Technologies operates as a subsidiary of Oceaneering International, Inc., focusing on innovative approaches to meet the complex challenges faced by petroleum operators in recovering oil and gas from subsea wells.

Meridian Ocean Services

Acquisition in 2016
Meridian Ocean Services specializes in marine survey and inspection services, primarily focusing on remotely operated vehicle (ROV)-based subsea operations. The company manages a fleet of advanced marine systems that facilitate subsea survey and inspection activities, as well as providing support for deep-water construction and drilling 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, Inc.

Acquisition in 2015
C & C Technologies, Inc. is a global provider of surveying and mapping services, catering primarily to the land and offshore oil and gas industry, telecommunications sector, and government organizations. Established in 1992 and headquartered in Lafayette, Louisiana, the company offers a wide range of services including marine construction surveys, pipeline surveys, and geospatial data support. Its capabilities encompass rig positioning, underwater vehicle operations, precise point positioning, and various geotechnical and geophysical surveys. Additionally, C & C Technologies provides unmanned surface vehicles tailored for both military and commercial applications. With a presence in multiple countries, including the United States, Singapore, and the United Kingdom, the company operates as a subsidiary of Oceaneering International, Inc.

Spectrum Sales & Services LLC

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 specializes in the development and marketing of automated guided vehicle systems alongside navigation hardware and software. The company's product offerings include box runners for transporting small loads, pallet movers for heavy items like pallets and glass bottles, and specialized carriers for unusual sizes. Additionally, Frog AGV manufactures various components such as the FrogBox Light for sensory connections, Touch Screen Terminals for easy information access, and the Magnetruler MMS MKII for magnetic position detection. Their product line also features advanced sensors like the Frog Gyro MKII and Bejo sensor, as well as data transmission devices. Beyond manufacturing, Frog AGV offers consultancy services to evaluate the feasibility and operations of automated guided vehicle systems and provides maintenance services. Their solutions cater to various sectors, including

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 is a provider of oilfield services tailored for the oil and gas industry. Established in 1999, the company specializes in a range of services including plug and abandonment, decommissioning, onsite machining for abandoned wells, and platform removal projects. Its offerings also encompass drilling services, testing and inspection, as well as asset integrity and maintenance solutions. Additionally, Norse Cutting & Abandonment provides rental equipment and mooring products, ensuring comprehensive support for its clients' operations. The company operates globally with bases in Stavanger, Houston, and Aberdeen, delivering both subsea and surface services to meet diverse industry needs.

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 Ltd.

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, L.L.C.

Acquisition in 2005
Grayloc Products, L.L.C is manufacturer of clamp connectors. The company also offers connection connectors that have applications in a range of industries, including oil and gas production, petroleum refining, chemical processing, fossil and nuclear power generation, aerospace and industrial gas manufacturing, synthetic fuels and food processing, coal gasification and liquefaction, and environmental.

Rotator AS

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

Reflange, Inc

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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