Oceaneering publishes 2025 annual report

Reuters04-02
Oceaneering publishes 2025 annual report
  • Oceaneering filed its annual report for fiscal year 2025, highlighting continued expansion beyond offshore energy into defense, aerospace, digital, mobility solutions, offshore wind, and nuclear-related work.
  • Operations outside United States generated 55% of revenue, reflecting sustained international exposure across key regions including Africa, United Kingdom, Brazil, and Asia-Pacific.
  • Subsea Robotics maintained a 250-unit work-class ROV fleet, retiring 16 conventional systems and replacing them with 16 upgraded systems.
  • Digital strategy advanced via October 2024 acquisition of UK-based Global Design Innovation for USD 33 million, aimed at strengthening asset management software and remote inspection capabilities.
  • Backlog rose to USD 2.7 billion at Dec. 31, 2025 from USD 2.4 billion a year earlier, led by Energy segment growth.


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