Oceaneering International Inc. is an applied technology

Applied Technology

Applied Technology, Australia founded by Owen Hill in 1975, was a pioneer producer of home computers that ran CP/M on Zilog Z80 microprocessors. Their MicroBee computer was the first commercial personal computer manufactured in Australia....

 company based in Houston, Texas

Texas

Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

, U.S.A. that provides engineered services and hardware to customers who operate in marine

Marine (ocean)

Marine is an umbrella term. As an adjective it is usually applicable to things relating to the sea or ocean, such as marine biology, marine ecology and marine geology...

, space

Space

Space is the boundless, three-dimensional extent in which objects and events occur and have relative position and direction. Physical space is often conceived in three linear dimensions, although modern physicists usually consider it, with time, to be part of a boundless four-dimensional continuum...

, and other environments. It was founded in 1964.

Oceaneering's services and products are marketed worldwide to oil and gas

Oil and gas

Oil and gas are two commonly associated fossil fuels. The phrase may refer to:*Oil and gas field*Oil and gas law in the United States-See also:* Gasoline* Heating oil* Hydrocarbon exploration* Natural gas* Petroleum industry* Petroleum...

 companies, government agencies, and firms in the telecommunications, aerospace

Aerospace

Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space...

, and marine engineering

Naval architecture

Naval architecture is an engineering discipline dealing with the design, construction, maintenance and operation of marine vessels and structures. Naval architecture involves basic and applied research, design, development, design evaluation and calculations during all stages of the life of a...

 and construction industries. Its business offerings include remotely operated vehicles, mobile offshore production systems, built-to-order specialty hardware, engineering and project management, subsea intervention and installation services, non-destructive testing and inspections, manned diving

Underwater diving

Underwater diving is the practice of going underwater, either with breathing apparatus or by breath-holding .Recreational diving is a popular activity...

, and space suit

Space suit

A space suit is a garment worn to keep an astronaut alive in the harsh environment of outer space. Space suits are often worn inside spacecraft as a safety precaution in case of loss of cabin pressure, and are necessary for extra-vehicular activity , work done outside spacecraft...

s. Oceaneering won a $745 million United States government contract in 2008 for the design and manufacture of space suits for future American lunar exploration.

The company's stock is a component of the S&P 600

S&P 600

The S&P 600 SmallCap Index, more commonly known as the S&P 600, is a stock market index from Standard & Poor's. It covers roughly the small-cap range of US stocks, using a capitalization-weighted index...

 stock market index.

H. L. Hunley

It helped recover the Confederate

Confederate States of America

The Confederate States of America was a government set up from 1861 to 1865 by 11 Southern slave states of the United States of America that had declared their secession from the U.S...

 submarine

Submarine

A submarine is a watercraft capable of independent operation below the surface of the water. It differs from a submersible, which has more limited underwater capability...

 H. L. Hunley

H. L. Hunley (submarine)

H. L. Hunley was a submarine of the Confederate States of America that played a small part in the American Civil War, but a large role in the history of naval warfare. The Hunley demonstrated both the advantages and the dangers of undersea warfare...

, which sank in 1864.