Shell's Radical Rig Nov 11, 2008
Inside a container compartment on the steel island, Clay Groves, a 50-year- old superintendent for Oceaneering International, nears the end of a three-week shift. Sitting before a series of monitors, he. (Forbes -- Business)
Spacesuit makers will try again for contract Aug 23, 2008
The agency last week terminated its contract with Houston-based Oceaneering International Inc., which was selected in June ... In July, Exploration Systems & Technology protested the awarding of the contract to Oceaneering International ... This week, Oceaneering International said it will submit a revised bid for the spacesuit contract. (MSNBC -- Technology)
Oceaneering Announces Intention to Resubmit Constellation Space Suit Contract Proposal Aug 21, 2008
HOUSTON, Aug. 20 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE: ) announced that it intends to submit a revised proposal to NASA for development and production of the Constellation Space Suit System (CSSS) ... com, or Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax 713-329-4653; E-Mail investorrelations@oceaneering ... SOURCE Oceaneering International, Inc.. (PR Newswire)
NASA terminates $745Mspacesuit contract Aug 17, 2008
NASA said it determined that an unspecified compliance issue required it to halt its contract with Oceaneering International Inc., best known for providing deep water services and products to the oil and gas industry. The agency said its procurement decision will be reconsidered, offering no reason except that the decision was for the convenience of the government. (New Haven Register, CT)
NASA halts space suit contract with Texas firm Aug 17, 2008
NASA said it determined that an unspecified compliance issue required it to halt its contract with Oceaneering International Inc., best known for providing deep water services and products to the oil and gas industry. The agency said its procurement decision will be reconsidered, offering no reason except that the decision was "for the convenience of the government.'' The three-phase $745 million contract called for 109 suits, 24 of which will be the lunar suits. The contract award was protested... (The Star Online, Malaysia)
NASA to Take Corrective Action in Spacesuit Contract Protest Aug 16, 2008
WASHINGTON, Aug. 15 /PRNewswire-USNewswire/ -- NASA has concluded that corrective action is appropriate in the Government Accountability Office bid protest of Exploration Systems ology, Inc. NASA determined that a compliance issue requires the termination of the contract for the Constellation Space Suit System with Oceaneering International, Inc. of Houston for the convenience of the government. NASA anticipates that corrective action will involve reconsideration of its procurement decision. (PR Newswire)
NASA drops plan to fly new spaceships by 2013 Aug 13, 2008
Also involved are Oceaneering International, which is developing new spacesuits, and SGT Inc, which is providing support services. Click for related content. (MSNBC -- Politics)
Hamilton Sundstrand protests NASA contract Jul 16, 2008
The contract was awarded to Houston-based Oceaneering International Inc.. Hamilton Sundstrand and its partner, ILC Dover of Frederica, Del. (San Diego Union-Tribune -- Business)
Warren Buffett's Humorous Threat Jul 2, 2008
Oceaneering International (NYSE: OII). $78. (MSNBC -- Business)
Extreme Makeover: Outer Space Style Jun 18, 2008
The contract, awarded to Oceaneering International Inc of Houston, could be worth up to $745 million over the next 10 years. "We're ready to put them to work and get ready to put bootprints back on the moon," said Glenn Lutz, NASA project manager for Extravehicular Activity Systems. (ABC News)
NASA Picks New Spacesuit Maker for Moon Missions Jun 17, 2008
8 million spacesuit contract to design, develop and test the new spacesuit through September 2014 was awarded to Oceaneering International Inc. of Houston, Texas, the agency announced Thursday ... As makers of the new suits, Oceaneering International will also likely get two additional contract options worth $302. (Fox News)
NASA previews future astronaut threads Jun 14, 2008
Oceaneering International of Houston has been awarded a government contract worth up to $745m to design, develop, test, and produce two new designs of space suits by September 2014. Astronauts will wear the first suit called Configuration One during launch and landing operations, as well as in case of emergency cabin leaks on board the new Orion spacecraft set to debut in 2015. (Register)
News Bytes of the Week--Astronauts Get New Duds Jun 14, 2008
8-million contract to Oceaneering International, Inc., of Houston to design and build a basic spacesuit (for launches, landings and emergencies) as well as a suit for astronauts to wear during their stays on the moon. Oceaneering International beat out a joint venture by leading spacesuit contractors United Technologies Corporation's Hamilton Sundstrand of Windsor Locks, Conn. (Scientific American)
NASA taps moonsuit contractor Jun 14, 2008
Oceaneering International Inc. defeated a bid by Exploration Systems and Technology, a joint venture of current spacesuit contractors United Technologies Corp's Hamilton Sundstrand and ILC Dover. The contract, worth up to $745-million, includes design, testing, evaluation and production of two types of spacesuits. (Globe and Mail)
USA Brings Operational Expertise to Constellation Spacesuit System Contract Jun 13, 2008
HOUSTON, June 12 /PRNewswire/ -- United Space Alliance congratulates Oceaneering International, Inc. and its team on being awarded the Constellation Spacesuit System (CSSS) contract by NASA, earlier today. (Logo: ) With more than 20 years experience in developing and operating life support and robotic systems for harsh environments, Oceaneering will provide the proven leadership and breadth of capabilities required to ensure the Constellation spacesuit is safe, reliable and robust. (PR Newswire)
Briefing says NASA contract will go to Oceaneering division Jun 13, 2008
Oceaneering International won the prestigious multimillion-dollar contract to design, develop and produce the first new spacesuits for the nation's astronaut corps since the 1980s-era suits used aboard the space shuttle ... Oceaneering Space Systems is part of Oceaneering International, an oil field services provider serving primarily the offshore oil and gas industry ... president and chief executive of Oceaneering International, said his firm was "pleased to have been selected to participate... (Houston Chronicle)
Oceaneering Announces NASA Space Suit Contract Jun 13, 2008
HOUSTON, June 12, 2008 /PRNewswire-FirstCall via COMTEX/ ----Oceaneering International, Inc. (NYSE: OII) announced it has secured a contract from The National Aeronautics and Space Administration (NASA) to design and build the agency's next generation space suit known as the Constellation Space Suit System, or CSSS. ... com , or Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax 713-329-4653; E-Mail... (FOXBusiness)
NASA Spacesuit Pact Slips Away From Hamilton Sundstrand Jun 13, 2008
In a blow to United Technologies Corp. and to Connecticut pride, NASA announced late Thursday that it has awarded a $184 million development contract for the next-generation spacesuit to Houston-based Oceaneering International Inc., a company that specializes in deep sea technology for the offshore oil and gas industry. Engineers at UTC's Hamilton Sundstrand unit developed the iconic spacesuit possibly the state's single most recognizable product in the 1960s. (FOX61, CT)
NASA awards contract for next-generation spacesuit Jun 13, 2008
NASA has awarded a contract to Oceaneering International Inc. of Houston, for the design, development and production of a new spacesuit system. The spacesuit will protect astronauts during Constellation Program voyages to the International Space Station and, by 2020, the surface of the moon. (The Citizen - online, TX)
Get a look at NASAs next spacesuit Jun 13, 2008
WASHINGTON - Oceaneering International Inc., best known for providing deep water services and products to the oil and gas industry, has been chosen to design and make the next generation of spacesuits for NASA, the space agency announced Thursday. The Houston-based company beat out Exploration Systems & Technology, a jointly owned company between ILC and Hamilton Sundstrand. (MSNBC -- Technology)
Plunge curbs Superior Offshore plans Apr 5, 2008
"When they went public they knew this was a market dominated by Oceaneering International but figured, 'Why couldn't there be two companies in that space?' But you don't just flip a switch and make all those changes they had in mind," Smith says. At this point, the diving company is in a race against the clock to regroup and resurface with a retooled business plan. (Houston Business Journal, TX)
Oceaneering Acquires GTO Subsea AS Mar 18, 2008
HOUSTON, March 17 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE: ) announced it has acquired GTO Subsea AS (GTO) for approximately $45 million ... " Statements in this press release that express a belief, expectation or intention, as well as those that are not historical fact, are forward looking. The forward-looking statements in this press release include the statements concerning Oceaneering's: expectations with respect to the acquisition increasing Oceaneering's Subsea... (PR Newswire)
Mutual Funds &Personal Finance Jan 8, 2008
Oceaneering International, () a top buy for both funds, began to base in mid-October. It soon fell through its 50-day moving average. (Investors Business Daily)
Oceaneering to Present at Pritchard Capital Partners Energize 2008 Conference Jan 3, 2008
HOUSTON, Jan. 2 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE: ) announced that M. Kevin McEvoy, Executive Vice President, will deliver a presentation at the Pritchard Capital Partners Energize 2008 Conference being held in San Francisco, CA on Tuesday, January 8, 9:15 a.m. Pacific Time ... For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax... (PR Newswire)
Deep Down Completes Unique Installation Project Dec 22, 2007
Total customer satisfaction, as evidenced by the smiles on the faces of our clients when the projects are successfully completed, is everything for us," commented Ronald E. Smith. Deep Down has in its possession a Baricon 30-ton, 4-track tensioner which is available for use in the Gulf of Mexico. Deep Down is presently booking commitments for its use. About Deep Down, Inc. Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support... (PR Newswire)
After the bell: Mixed results for Houston companies Nov 2, 2007
Oceaneering International Inc. (NYSE: OII) reported net income of $53. 9 million, or 96 cents per share, on revenue of $485 million, for the three months ended Sept. 30, 2007. (Houston Business Journal, TX)
Energy Numerology: 80, 150 and 14,000 Oct 17, 2007
It also bodes very well for those who advance the technologies to service the oil industry from the likes of Schlumberger (nyse: - - ) to Oceaneering International (nyse: - - ). The former is a global king in oil field services and the latter, still largely running below the radar screen, is a modern technology tour de force. (Forbes)
Matt Krantz on stocks Oct 16, 2007
The next biggest beneficiary has been Oceaneering International , which provides equipment that helps companies find oil. And the third-biggest winner was FMC Technologies , which, also makes equipment for oil exploration. (USA Today -- Money)
Top-Performing Managers Pile Into Tech And Energy Firms Such As Schlumberger Oct 3, 2007
Rivals include Oceaneering International, Layne Christensen and Core Laboratories. The stock broke out of a four-month long base in March and has hardly looked back. (Investors Business Daily)
Oceaneering Announces Vessel Charter Sep 14, 2007
HOUSTON, Sept. 13 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE: ) announced today that it has chartered an Olympic P101 Class multi-service subsea support vessel currently under construction from Olympic Shipping AS. The initial term of the charter is five years, with expected commencement in the third quarter of 2008 ... For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041;... (PR Newswire)
Oceaneering Acquires Ifokus Engineering AS Jul 11, 2007
HOUSTON, July 10 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE:) announced the acquisition of Ifokus Engineering AS (Ifokus), a Norwegian designer and manufacturer of specialty subsea products, including ROV tooling ... For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax 713-329-4653; ; E-Mail ... SOURCE Oceaneering International, Inc.. (PR Newswire)
Battery monitoring lands in cyberspace with new power Jul 10, 2007
Among PUI's customers are energy clients such as Arco Chemical Co.; BP Americas; The Dow Chemical Co.; Exxon Mobil; Oceaneering International Inc. and Transocean Inc. Other clients include Chase Bank; The Goodyear Tire & Rubber Co.; Harris County 911 District and the M.D. Anderson Cancer Center. Battery of tests. (Houston Business Journal, TX)
Deep Down Announces Audited Financials for ElectroWave Jun 19, 2007
Deep Down's customers include BP Petroleum, Royal Dutch Shell, Exxon Mobil Corporation, Devon Energy Corporation, Chevron Corporation, Anadarko Petroleum Corporation, Marathon Oil Corporation, Kerr-McGee Corporation, Nexen Inc., BHP, Amerada Hess, Helix, Oceaneering International, Inc., Subsea 7, Inc., Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, Acergy, Veolia Environmental Services, Noble Energy Inc., Aker Kvaerner, Cameron, Oil States, Dril-Quip, Inc., Nexans, Cabett,... (PR Newswire)
