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oceaneering intl inc (OII) Details

Oceaneering International, Inc. provides engineered services and products to the offshore oil and gas industry, as well as to 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, 2018, this segment owned 275 work-class ROVs. The company’s Subsea Products segment constructs various specialty subsea hardware products, including subsea umbilicals utilizing steel tubes, thermoplastic hoses, and 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, as well as offers riserless light well intervention services. Its Subsea Projects segment performs subsea oilfield hardware installation and inspection, maintenance, and repair services; serves shallow water projects; and performs subsea intervention and hardware installation services, such as subsea well tie-backs, pipeline/flow line tie-ins and repairs, pipeline crossing, and umbilical and other subsea equipment installations, and subsea intervention services. The company’s Asset Integrity segment offers asset integrity services for the safety of customers’ facilities onshore and offshore; 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-energy industries. The company was founded in 1964 and is headquartered in Houston, Texas.

8,600 Employees
Last Reported Date: 02/28/19
Founded in 1964

oceaneering intl inc (OII) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: $1.5M
Senior VP & CFO
Total Annual Compensation: $626.9K
Advisor
Total Annual Compensation: $845.8K
Senior Vice President of Business Development
Total Annual Compensation: $518.0K
Senior VP, General Counsel & Secretary
Total Annual Compensation: $566.9K
Compensation as of Fiscal Year 2018.
oceaneering intl inc
Oceaneering International, Inc. Announces Executive Changes

On May 13, 2019, Oceaneering International, Inc. announced that Clyde W. Hewlett will retire from his position as Chief Operating Officer ("COO") and that the Board of Directors. The company appointed Charles W. Davison, Jr. to succeed Mr. Hewlett as COO, effective upon commencement of Mr. Davison’s employment, which is expected to be on or about June 3, 2019. Mr. Hewlett has agreed to continue thereafter in a supporting role during a transitional period. Mr. Davison previously joined Oceaneering in November 2007 as Vice President, Umbilical Solutions. He was appointed Senior Vice President, Subsea Products, in January 2014 and served in that position until June 2015. Since March 2018, he has also served as chairman of Fairfield’s board of directors.

Oceaneering International, Inc. Presents at 2019 Angola Oil Gas Conference and Exhibition, Jun-03-2019

Oceaneering International, Inc. Presents at 2019 Angola Oil Gas Conference and Exhibition, Jun-03-2019 . Venue: Luanda, Angola. Speakers: Roderick A. Larson, President, CEO & Director.

Oceaneering International, Inc. Presents at TPH Hotter 'N Hell 2019 Energy Conference, May-14-2019

Oceaneering International, Inc. Presents at TPH Hotter 'N Hell 2019 Energy Conference, May-14-2019 . Venue: Houston, Texas, United States. Speakers: Alan R. Curtis, Senior VP & CFO.

 

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