You may have seen footage of a small robot submarine filming the deep seabed. Oceaneering runs a fleet of large working versions called remotely operated vehicles: underwater robots, steered from the surface, that inspect, repair and handle equipment far below the waves. Most of its revenue comes from companies producing oil and gas at sea. They hire its robots, crews, engineers and subsea hardware to explore, develop and maintain offshore fields. A smaller business serves defense and space customers.
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