ual structural specifications, internal safety standards, or regulatory requirements. The company provides these services principally to customers in the oil and gas, petrochemical, and power generation industries. In the U.K., it provides Independent Inspection Authority services for the oil and gas industry, which includes first-pass integrity evaluation and assessment and nondestructive testing services. The company uses various technologies to perform pipeline inspections, both onshore and offshore. Advanced Technologies This business provides engineering services and related manufacturing principally to the U.S. Department of Defense, NASA and its contractors, and the commercial theme park industry. The U.S. Navy is the company’s major customer in this segment, for whom it performs work primarily on surface ships and submarines. The company works for customers having specialized requirements in underwater or other hazardous environments outside the oil and gas industry. It provides support for the U.S. Navy, including underwater operations, data analysis, development of ocean-related computer software, and the design and development of new underwater tools and systems. The company also installs and maintains mechanical systems for the Navy's submarines, surface ships, offshore structures, and moorings. It provides products and services to NASA and aerospace contractors. Marketing Oil and Gas: The company markets its ROVs, Subsea Products, Subsea Projects, and Asset Integrity services and products to domestic, international, and foreign national oil and gas companies engaged in offshore exploration, development, and production. It also provides services and products as a subcontractor to other oilfield service companies operating as prime contractors. Advanced Technologies: The company markets its marine services and related engineering services to government agencies, major defense contractors, NASA and NASA contractors, and to construction, theme parks, and other industrial customers outside the energy sector. Customers The company’s major customer includes BP plc and subsidiaries. Seasonality The company generates a material amount of its consolidated revenue from contracts for services in the U.S. Gulf of Mexico in its Subsea Projects segment, which is active from April through October, as compared to the rest of the year. The European operations of the company’s Asset Integrity segment are also seasonally active in the second and third quarters (year ending December 2012). Revenue in its ROV segment is subject to seasonal variations in demand, with its first quarter generally being the low quarter of the year. Regulation Environmental laws and regulations that apply to the company’s operations include the Comprehensive Environmental Response, Compensation, and Liability Act of 1980; the Clean Air Act; the Clean Water Act; the Resource Conservation and Recovery Act (each, as amended); and similar laws that provide for responses to, and liability for, releases of hazardous substances into the environment. Its operations are also governed by laws and regulations relating to workplace safety and worker health, primarily, in the United States, the Occupational Safety and Health Act and regulations promulgated thereunder. History Oceaneering International, Inc. was founded as a Delaware corporation in 1965.
oceaneering intl inc (OII:New York)
11911 FM 529
Houston, TX 77041
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