Oceaneering was founded in 1964 with the incorporation of World Wide Divers, Inc., one of three companies who merged in 1969 to operate under the name Oceaneering International, Inc. The merged companies were World Wide Divers, Inc. (Morgan City, LA), California Divers, Inc. (Santa Barbara, CA), and Can-Dive Services Ltd (North Vancouver, BC). World Wide Divers, Inc. was owned by Mike Hughes and Johnny Johnson. California Divers, Inc. was owned by Lad Handelman, Gene Handelman, Kevin Lengyel, and Bob Ratcliffe. Can-Dive Services Ltd was owned by
Phil Nuytten and partners. Mike Hughes served as Chairman of the Board and Lad Handelman served as President of the merged companies.
Research and Diving Technology In the early 1970s, Oceaneering supported considerable research into ways to increase safety of their divers and general diving efficiency, including their collaboration with
Duke University Medical Center to explore the use of
trimix breathing gas to reduce the incidence of
high-pressure nervous syndrome. Oceaneering purchased the rights to the
JIM suit in 1975. By 1979, a team from Oceaneering assisted Dr.
Sylvia Earle in testing
Atmospheric diving suits for scientific diving operations by diving a JIM suit to 1,250
fsw. Oceaneering also used WASP atmospheric diving suits.
Salvage and Recovery Operations A dive team from Oceaneering salvaged three of the four propellers from the
RMS Lusitania in 1982. Oceaneering ROVs were used to determine what happened to the cargo ship
Lucona in the 1991 murder and fraud investigation that claimed uranium mining equipment was lost when the vessel went down. Several recovery plans were evaluated; the final recovery included a
truss structure with foam to surround the body of the submarine. On August 8, 2000, at 8:37 a.m., the sub broke the surface for the first time in 136 years.
Robotics, Space, and Special Projects From 1984 to 1988,
Michael L. Gernhardt served as Oceaneering's Manager and then Vice President of Special Projects. He led the development of a telerobotic system for subsea platform cleaning and inspection, and of a variety of new diver and robot tools. In 1988, he founded Oceaneering Space Systems, to transfer subsea technology and operational experience to the
ISS program. On August 2, 2006,
NASA announced it would issue a Request for Proposal (RFP) for the design, development, certification, production and sustaining engineering of the
Constellation Space Suit to meet the needs of the
Constellation Program. On June 11, 2008, NASA awarded a USD$745 million contract to Oceaneering for the creation and manufacture of this new space suit.
Defense and Naval Engineering prototype – February 2010In 2006,
NAVSEA awarded Oceaneering a maintenance contract for the
Dry Deck Shelter program. Dry Deck Shelters are used to transport equipment such as the
Advanced SEAL Delivery System and
Combat Rubber Raiding Craft aboard a submarine. In 2009, Oceaneering installed a demonstrator crane aboard the
SS Flickertail State to evaluate its performance in transferring containers between two moving ships, in an operational environment using commercial and oil industry at-sea
mooring techniques in the Gulf of Mexico. Developed in conjunction with the Sea Warfare and Weapons Department in the
Office of Naval Research, the crane has sensors and cameras as well as motion-sensing algorithms that automatically compensate for the rolling and pitching of the sea, making it much easier for operators to center it over and transfer cargo.
Industry Collaborations and Technology Licensing Oceaneering teamed up with the Canadian company GRI Simulations to design and produce the ROV simulators they utilize for training, development of procedures, and equipment staging. After a dispute over theft of
trade secrets and
copyright infringement that lasted several years, Oceaneering now licenses the VROV simulator system from GRI Simulations. A 2009 collaboration with
Royal Dutch Shell saw the installation of a
wireline at a record of water for repairing a safety valve.
Boeing and
Fugro teamed up with Oceaneering in 2001 to begin integration of their advanced technology into deep sea exploration.
Major Projects and Deepwater Operations On April 22, 2010, three Oceaneering ROV crews aboard the Oceaneering vessel
Ocean Intervention III, the
DOF ASA Skandi Neptune and the Boa International
Boa Sub C began to map the seabed and assess the wreckage from the
Deepwater Horizon oil spill. The crews reported "large amounts of oil that flowed out." Oceaneering ROV Technician Tyrone Benton was later called as a witness to provide information on the leaks associated with BOP stack investigation, but gave no reason why he later failed to appear in court.
Petrobras, the biggest deepwater oilfield company in the world, placed the largest umbilical order in company history in 2012. As of 2012, eighty percent of Oceaneering's income has been derived from deepwater work. It is also the world's largest operator of ROVs.
BAE Systems was contracted in October 2013 to build a
Jones Act-compliant multi-service vessel to serve Oceaneering's "subsea intervention services in the ultra-deep waters of the Gulf of Mexico", which was delivered in 2019. In 2024, Oceaneering acquired
Global Design Innovation Ltd., a UK-based provider of digital and software solutions. Oceaneering’s Brazilian subsidiary secured multiple four-year subsea robotics contracts worth about $180 million from Petrobras in 2025 to provide ROV services, tooling, and surveys for offshore projects in Brazil. The company launched the Momentum electric work-class ROV in March 2026. It is an electrically propelled remotely operated vehicle designed for extended subsea operations. Oceaneering was a
NASDAQ listed company until 1991, when they moved to the
New York Stock Exchange. == Global Operations ==