November 6, 2018 — Houston, Texas — Oceaneering International, Inc. (“Oceaneering”) announced that one of its wholly-owned subsidiaries has secured a global Master Lease Agreement (“Agreement”) with Ashtead Technology Limited (“Ashtead”), an independent provider of subsea equipment rental, sales and services to the offshore industry. Under the terms of the Agreement, Oceaneering will provide Ashtead … Read more
Oceaneering couldn’t keep up. The organization’s main focus is launching projects that provide subsea products and services—from remotely operated vehicles to pipeline repair—for the oil and gas industry. But Oceaneering’s project management maturity did not keep pace with the company’s growth to almost 10,000 employees in 60 locations. So its leadership began placing greater emphasis … Read more
It has become extremely difficult to optimize product movements across an increasingly complex petrochemical supply chain. Chokepoints at shale oil fields are complicated by capacity problems further down the logistical stream that are stimulating the construction and expansion of oil export terminals. Today’s challenges are slowing down product transports, increasing costs, and threatening to prevent … Read more
September 27, 2018 — Houston, Texas – Oceaneering International, Inc. (“Oceaneering”) today announced that it has commenced a survey project for the United States’ National Oceanic and Atmospheric Administration (“NOAA”) to support updates to navigational charts and research in marine habitats and fisheries in the Tampa Bay area offshore Florida. Under the terms of the … Read more
While already at an advanced stage in the development of an innovative long-term resident ROV system, Oceaneering recent began work with Equinor on a pilot project to design a shorter-duration resident vehicle. Unsurprisingly, the two vehicles are completely different.