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Oceaneering International, Inc. (OII)

63.67 1.79(2.73%) Oct 22, 4:04PM EDT
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Oceaneering International, Inc.
11911 FM 529
Houston, TX 77041
United States - Map
Phone: 713-329-4500
Fax: 713-329-4951

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:12,200

Business Summary 

Oceaneering International, Inc., together with its subsidiaries, provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles that are operated from the surface to support drilling; and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services. As of December 31, 2013, it owned a fleet of 304 ROVs. Its Subsea Products segment constructs various subsea hardware products, which include various types of subsea umbilicals utilizing thermoplastic hoses and steel tubes; tooling, and ROV tooling and work packages; production control equipments; blowout preventer control systems; installation and workover control systems; clamp connectors; pipeline connectors and repair systems; subsea and topside control valves; and subsea chemical injection valves. The company’s Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves deepwater projects and shallow water projects; and performs subsea intervention and hardware installation services, including subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossings, umbilical and other subsea equipment installations, and subsea intervention, as well as inspection, maintenance, and repair services. Its Asset Integrity segment provides asset integrity management and assessment services, and nondestructive testing and inspection services. The company’s Advanced Technologies segment designs, develops, and operates robotic systems and ROVs for non-oilfield markets; performs commercial theme park animation and civil works projects; and designs, develops, and fabricates spacecraft hardware and high-temperature insulation products. Oceaneering International, Inc. was founded in 1965 and is based in Houston, Texas.

Key Statistics

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Corporate Governance 
Oceaneering International, Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. M. Kevin McEvoy , 63
Chief Exec. Officer, Pres and Director
Mr. W. Cardon Gerner , 59
Chief Financial Officer, Chief Accounting Officer and Sr. VP
Mr. Roderick A. Larson , 47
Chief Operating Officer and Sr. VP
Mr. Marvin J. Migura , 63
Exec. VP
Mr. Kevin F. Kerins , 60
Sr. VP of ROVs
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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