M&A - OCEANEERING INTERNATIONAL INC

Form Type: 10-K

Filing Date: 2025-02-24

Corporate Action: Acquisition

Type: New

Accession Number: 000007375625000016

Filing Summary: Oceaneering International Inc. reported a diversified technology company specializing in engineered services and products primarily for the offshore energy, defense, and aerospace industries. The report outlines its business segments, which include Subsea Robotics, Manufactured Products, Offshore Projects Group, and Integrity Management & Digital Solutions. The company highlighted the acquisition of Global Design Innovation Ltd. for approximately $33 million as part of its strategy to enhance digital capabilities and expand its market offerings. The company also emphasized its commitment to operational efficiency and innovative solutions tailored for subsea and renewable energy sectors, underscoring a robust operational framework that positions it among the largest underwater services contractors globally.

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