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Oceaneering International, Inc. (OII)


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21.03-0.46 (-2.14%)
At close: 4:03PM EDT

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Oceaneering International, Inc.

11911 FM 529
Houston, TX 77041
United States
713-329-4500
http://www.oceaneering.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees9,300

Key Executives

NameTitlePayExercisedAge
Mr. Roderick A. LarsonChief Exec. Officer, Pres and Director1.41MN/A50
Mr. Alan R. CurtisChief Financial Officer and Sr. VP481.05kN/A51
Mr. Clyde W. HewlettChief Operating Officer985.52kN/A62
Mr. W. Cardon GernerChief Accounting Officer and Sr. VP799kN/A62
Ms. Suzanne M. SperaDirector of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas, defense, aerospace, and commercial theme park industries worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services. As of December 31, 2016, this segment owned 280 work-class ROVs. The company’s Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing thermoplastic hoses and steel tubes; termination assemblies; tooling, ROV tooling, and subsea work packages; production control equipment; installation and workover control systems; clamp connectors; pipeline connector and repair systems; subsea and topside control valves; and subsea chemical injection valves. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves deep and shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flowline tie-ins and repairs, pipeline crossing, umbilical and other subsea equipment installations, and subsea intervention, as well as inspection, maintenance, and repair services. The company’s Asset Integrity segment offers asset integrity services to enhance the safety of their facilities onshore and offshore, as well as third-party inspections to customers in the oil and gas, petrochemical, and power generation industries; and first-pass integrity evaluation and assessment, and nondestructive testing services. Its Advanced Technologies segment provides project management, engineering services, and equipment for applications in non-oilfield markets. The company was founded in 1964 and is headquartered in Houston, Texas.

Corporate Governance

Oceaneering International, Inc.’s ISS Governance QualityScore as of June 2, 2017 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.