Oceaneering International Inc..
OII.US | Support activities for petroleum and natural gas extraction
Oceaneering International, Inc. is a global provider of engineered services and products, primarily to the offshore energy industry. The company's services and products support offshore oil and gas exploration, development, and production activities, with a focus on deepwater applications. Oceaneeri...Show More
Better Health for All
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Oceaneering International's principal business involves engineered services and products primarily for the offshore energy industry, defense, aerospace, and commercial sectors. While the company provides mobile robots and automated transport systems for healthcare facilities, these are for logistics and do not constitute direct medical treatments, preventative healthcare solutions, or wellness programs. Therefore, the company's core products and services have no significant direct positive or negative health impact on users. Workplace safety and environmental violations are explicitly excluded from the scope of 'Better Health for All'. The company is not a pharmaceutical, food, or research organization, and its operations do not inherently involve health-related products or services that would require considerations for price accessibility, vulnerable reach, health data responsibility, or preventative measures.
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Fair Money & Economic Opportunity
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Oceaneering International Inc. is a global provider of engineered services and products primarily to the offshore energy industry, not a financial institution. The company does not offer lending, deposit, or other consumer financial services. Therefore, all KPIs related to fair money and economic opportunity, which are designed for financial service providers, are not applicable to Oceaneering's core business model. While the company engages in general ethical practices, diversity initiatives, and community support, these do not directly relate to the provision of financial services or financial inclusion for underserved populations.
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Fair Pay & Worker Respect
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In 2024, Oceaneering International Inc. reported a CEO-to-median employee pay ratio of 101:1.
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Approximately 14.35% of its 2,439 full-time employees were covered by collective bargaining agreements as of December 31, 2024, with these employees located outside the United States.
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The company's employee turnover rate was 15% in 2024.
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Employee engagement, as indicated by an overall Glassdoor rating, was 72% (3.6 out of 5 stars) based on reviews up to January 2026.
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The company also noted a 10% improvement in employee engagement and enablement in 2024, with 94% of employees understanding their role's contribution to success.
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While some employee reviews cited good benefits and health insurance, others mentioned low pay, no cost of living adjustments, and medical plans with only deductibles.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Oceaneering International Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Oceaneering has a comprehensive Anti-Bribery and Anti-Corruption Compliance Policy that adheres to best practices, including the OECD's 13 Good Practices, the US Sentencing Guidelines, and the DOJ's FCPA resource guide
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. This policy addresses compliance with laws such as the FCPA and UK Bribery Act
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. The company also provides an online EthicsPoint Portal for reporting ethics violations, allowing for confidential and anonymous submissions
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, but there is no evidence regarding independent investigation processes for these reports.
Kind to Animals
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Oceaneering International Inc. is a provider of engineered services and products primarily to the offshore energy industry.
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The company has no significant involvement in animal testing, fur, or specialty leather, and its operations do not include animal husbandry, captive animal operations, animal agriculture, or the sourcing of animal products such as eggs, meat, or dairy.
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Consequently, several animal welfare metrics related to these activities are not applicable to its business model. The company has developed Ocean Perception marine mammal mitigation software, which underwent a successful field trial in August 2023 at the Stellwagen Bank National Marine Sanctuary.
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This software, which integrates data from buoy systems and machine learning, can detect marine mammals up to 10 km away, enhancing regulatory compliance and mammal protection.
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However, the provided information does not detail Oceaneering's direct financial investment in conservation initiatives as a percentage of revenue, nor does it specify the company's active engagement in advocating for animal welfare policy improvements or participation in multi-stakeholder initiatives for animal-free testing and sourcing standards.
No War, No Weapons
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Oceaneering International Inc. was awarded a $33 million contract to supply components for Virginia-class submarines.
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This contract value represents approximately 4.88% of the company's first-quarter 2025 revenue of $675 million.
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The company is also involved in the development of the Freedom™ Autonomous Underwater Vehicle (AUV) for the Navy's LDUUV program.
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Planet-Friendly Business
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Oceaneering International Inc. recorded one minor environmental compliance violation in January 2023 from the NRC for failing to file for reciprocity in a timely manner and storing licensed material offshore for nine days without a valid license.
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Corrective actions for this violation were completed by August 2023.
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The company publishes Task Force on Climate-Related Financial Disclosures (TCFD) Reports
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and states that its 2022 Climate Change Report aligns with the TCFD framework
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. However, the provided information indicates a lack of specific data on climate scenario analysis within these reports.
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Respect for Cultures & Communities
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Oceaneering International Inc. has established 7 formal partnerships, including agreements with the Government of Newfoundland and Labrador, NOIA, Memorial University, College of the North Atlantic, Otchiva Project, the Governor of Bengo, and Supply Nation.
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There are no reported cultural appropriation incidents.
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The company undertakes active protection measures for cultural sites, such as beach cleanup and waste collection at the Barra do Dande site, with no reported incidents of disruption.
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Safe & Smart Tech
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No evidence available to assess Oceaneering International Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Oceaneering International demonstrates good hazardous waste management, with 13 areas of its operations holding ISO 14001 certification.
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The company has not incurred any waste disposal violations in the past three years, though a single environmental violation was recorded in 2020.
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Oceaneering integrates circular design principles into its operations through a partnership that enables component retrieval and reuse via standardized subsea technologies.
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This also represents a waste reduction initiative implemented by the company.
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