Latest news with #RodLarson
Business Wire
4 days ago
- Business
- Business Wire
EY US names Rod Larson of Oceaneering as a Finalist for Entrepreneur Of The Year ® 2025 Gulf South Award
HOUSTON--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced that Rod Larson, President and CEO of Oceaneering International, Inc. ('Oceaneering') (NYSE:OII) has been named a finalist for the Entrepreneur Of The Year 2025 Gulf South Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the leaders of ground-breaking companies in industries that make a profound impact on communities. The Gulf South program celebrates entrepreneurs from Central and South Texas, Louisiana, and Mississippi. With expertise in robotics, automation, and software, Oceaneering engineers and delivers solutions that improve safety, reliability, utilization, and uptime for its customers. Founded in 1964, Oceaneering is a global technology delivery company that adapts and applies proven technologies to solve complex problems in harsh and dynamic environments – underwater, on land, and in space. With expertise in robotics, automation, and software, Oceaneering engineers and delivers solutions that improve safety, reliability, utilization, and uptime for its customers. Through its five business segments, Oceaneering supports critical operations across the offshore energy, defense, aerospace, and manufacturing industries. Reflecting on his nomination, Mr. Larson stated, 'I am honored to be a finalist for the EY Entrepreneur Of The Year 2025 Gulf South Award. This recognition truly belongs to the exceptional Oceaneers who work tirelessly to solve customer problems every day. Our commitment to innovation and the transfer of technology across our businesses has enabled us to address our customers' needs in high-stakes environments, improving safety, efficiency, and uptime. This nomination underscores the dedication and ingenuity of our team and our culture of collaboration and excellence.' Entrepreneur Of The Year honors business leaders for their ingenuity, courage, and entrepreneurial spirit. The program celebrates leaders who bootstrapped their business from inception or who raised capital to grow their company; transformational CEOs who infused innovation into an existing organization; and family business leaders who reimagined a legacy business model to strengthen it for the future. Regional award winners will be announced on June 12 during a celebration in Houston. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum ®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. Sponsors Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh McLennan Agency, and SAP. In the Gulf South, sponsors also include Platinum sponsors ADP, DFIN, DLA Piper, and vcfo and Silver sponsors Big Picture and Pierpont Communications. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit
Yahoo
12-03-2025
- Business
- Yahoo
Oceaneering Announces Department of Defense Contract Award
HOUSTON, March 12, 2025--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced that its Aerospace and Defense Technologies (ADTech) segment has been down-selected from multiple teams and awarded a multi-year contract by the U.S. Department of Defense to design, build, test, and deliver a maritime mobility system. Rod Larson, Oceaneering's President and Chief Executive Officer, stated: "We are pleased to have secured this contract with the Department of Defense which, at the time of award, is the largest initial contract value in Oceaneering's history. This award demonstrates the cross-industry application of our maritime technology, highlights our expertise in engineering and delivering technology solutions, and builds on the strong partnership and trust that our ADTech segment has established with our U.S. government customers. We are proud to be a trusted supplier to the Department of Defense and look forward to providing safe and reliable services for this program." This release contains "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements as to the expected scope of work, duration, and contract value. These forward-looking statements are based on current information and expectations, and are subject to certain risks, assumptions, and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements. For a more complete discussion of these and other risk factors, please see Oceaneering's latest annual report on Form 10-K and its other periodic filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements. Except to the extent required by applicable law, Oceaneering undertakes no obligation to update or revise any forward-looking statement. Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information on Oceaneering, please visit View source version on Contacts Hilary FrisbieSenior Director, Investor RelationsOceaneering International, Inc.713-329-4755investorrelations@ Sign in to access your portfolio
Yahoo
30-01-2025
- Business
- Yahoo
Oceaneering Taps Oracle Fusion Cloud Applications' Embedded AI to Propel Growth
Global leader in subsea engineering and applied technologies selects Oracle Fusion Applications to standardize processes, expand insights, and increase efficiency AUSTIN, Texas, Jan. 30, 2025 /PRNewswire/ -- Oracle CloudWorld -- Oceaneering International, Inc., a leading provider of engineered services, products, and robotic solutions for the offshore energy, defense, aerospace, and manufacturing industries, has selected Oracle Fusion Cloud Applications Suite to support its vision of solving the world's most complex operational challenges. With an integrated suite of AI-powered cloud applications to manage finance, HR, and supply chain processes, Oceaneering expects to be able to increase productivity, reduce costs, enhance the employee experience, and build more agile and resilient global operations. Oceaneering is a global technology delivery company supporting clients across industries such as offshore energy, defense, and industrial robotics. With diverse business lines that have grown through cross-industry applications of technology and collaborative innovation, Oceaneering needed an integrated platform to enable its teams to work more efficiently, productively, and seamlessly to achieve its growth plans. After a thorough evaluation, it selected Oracle Fusion Applications to enable AI-powered finance, HR, and supply chain capabilities as it continues to scale. "At Oceaneering, our greatest strength lies in our people and their ability to apply proven technology in pioneering ways to solve our customers' most complex problems," said Rod Larson, President and Chief Executive Officer, Oceaneering. "Our existing enterprise systems and processes weren't keeping pace with how our teams wanted—and needed—to work. By implementing Oracle Fusion Applications, we're providing our team with an advanced platform that enhances efficiency, expands insights, and enables faster decision-making and collaboration. This empowers our people to focus on what they do best—innovating for the future, taking care of our customers, and supporting each other." With Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oceaneering can automate finance and project management processes to help increase productivity, reduce costs, mitigate risk, and improve controls. Oracle Fusion Cloud Human Capital Management (HCM) will help optimize HR operations to improve the employee experience, expand workforce insights, and enhance global workforce management. Finally, Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) will help Oceaneering increase efficiency, reduce costs, and create a more resilient supply chain. "Oceaneering thrives on solving complex problems and has applied its rigorous engineering methodology to its own organization to ensure its core business systems can support growth plans," said Steve Miranda, Executive Vice President, Applications Development, Oracle. "With Oracle Fusion Applications, Oceaneering will be able to standardize on a single platform, apply automation, and leverage the latest AI innovations to improve insights and efficiency, increase employee engagement, and future-proof its growing business." The implementation will be managed by Oracle PartnerNetwork (OPN) partner, Deloitte. Oracle Fusion Applications Suite enables organizations to take advantage of the cloud and the latest advancements in predictive, generative, and agentic AI to break down organizational silos, standardize processes, and manage finance, HR, supply chain, and customer experience data on a single integrated cloud platform. To learn more about Oracle Fusion Applications Suite, please visit: About OceaneeringOceaneering International, Inc. is a global technology company delivering engineered services and products and robotics solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle Sign in to access your portfolio
