OCEANEERING INTERNATIONAL INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Item 2. Properties
We maintain office, shop and yard facilities in various parts of the world to support our operations. We consider these facilities, which we describe below, to be suitable for their intended use and adequate for our current operations. In these locations, we typically own or lease office facilities for our administrative and engineering staff, shops equipped for fabrication, testing, repair and maintenance activities and warehouses and yard areas for storage and mobilization of equipment to work sites. All sites are available to support any of our business segments as the need arises. The groupings that follow associate our significant offices with the primary business segment they serve.
Energy. In general, our Energy business segments share facilities. Our location in Morgan City, Louisiana consists of ROV manufacturing and training facilities, vessel docking facilities, open and covered warehouse space and offices. The Morgan City facilities primarily support ROV and other operations in the United States. We have additional regional and operational support offices for our North Sea, Africa, Brazil and Southeast Asia operations in the following locations:
Aberdeen, U.K.;
Stavanger and Bergen, Norway;
Abu Dhabi, United Arab Emirates;
Rio de Janeiro and Macaé, Brazil;
Luanda, Angola;
Chandigarh, India;
Perth, Australia;
Kuala Lumpur, Malaysia;
Baku, Azerbaijan;
Newfoundland, Canada; and
Loyang, Singapore.
We use workshop and office space in Houston, Texas in our Manufactured Products, OPG and IMDS business segments. Our principal manufacturing and assembly facilities for our Manufactured Products segment are located in or near the following locations:
Houston, Texas;
Port Fourchon and Lafayette, Louisiana;
Orlando and Panama City, Florida;
Aberdeen and Rosyth, Scotland;
Nodeland and Stavanger, Norway;
Luanda, Angola;
Utrecht, Netherlands;
Kuala Lumpur, Malaysia;
Niterói, Brazil; and
Stuttgart, Germany.
Each of these manufacturing facilities is suitable for its intended purpose and has sufficient capacity to respond to increases in demand that may be reasonably anticipated in the foreseeable future.
For a description of the vessels we use in our Offshore Projects Group operations, see the discussion in Item 1. “Business” under the heading “GENERAL DEVELOPMENT OF BUSINESS—Energy—Offshore Projects Group.”
Aerospace and Defense Technologies. Our primary facilities for our ADTech segment are offices and workshops in Hanover, Maryland. We have operational support offices in the following locations:
Chesapeake, Virginia;
Houston, Texas; and
Charleston, South Carolina.
We also have facilities to support our services for the U.S. Navy in these locations: San Diego, California; Bremerton, Washington; and Pearl Harbor, Hawaii.
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