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Oceaneering International Inc

Common Name
Oceaneering International
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
10,400
Ticker
OII
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Oceaneering International, Inc. is a diversified oilfield services company specializing in engineered services and products primarily for the offshore energy industry. Its core objective is to support...

Oceaneering International's GHG Emissions Data Preview

In 2024, Oceaneering International completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Oceaneering International has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Oceaneering International’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Oceaneering International’s data sources below and access millions more through our Disclosure Search.

a. Oceaneering International's TCFD Report 2025
a. Oceaneering International's TCFD Report 2025

Insights into Oceaneering International's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofOceaneering International amounted to42,958metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Oceaneering Internationaldecreased by 24.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Oceaneering International's Scope 1 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e+3%-31%
  • Total Scope 1
  • Year-over-Year Change

What are Oceaneering International's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Oceaneering International were 30,928 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Oceaneering International reduced its Scope 1 emissions over time?

Since 2022, Oceaneering International's Scope 1 emissions have decreased by 29.05%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Oceaneering International's Scope 1 emissions decreased by 30.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Oceaneering International's Scope 2 emissions?

In 2024, Oceaneering International reported Scope 2 greenhouse gas (GHG) emissions of 4,864 tCOâ‚‚e using the market-based method and 12,030 tCOâ‚‚e using the location-based method.a

Has Oceaneering International reduced its Scope 2 emissions over time?

Since 2022, Oceaneering International's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Oceaneering International's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Oceaneering International's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Oceaneering International's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Oceaneering International use for Scope 2 reporting?

In 2024, Oceaneering International reported its Scope 2 emissions using the market-based method and using the location-based method.a

Oceaneering International's Scope 2 Emissions Over Time

20222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Oceaneering International’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Oceaneering International reported Scope 1 greenhouse gas (GHG) emissions of 30,928 tCOâ‚‚e and total revenues of USD 2,661 millions. This translates into an emissions intensity of 11.62 tCOâ‚‚e per millions USD.a

Oceaneering International's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00010,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)CSHTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MTalos EnergyYear: 2024Scope 1: 894,810 tCO2eRevenue: $M 1,974Scope 1 Intensity: 453.40 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MCCCore LaboratoriesYear: 2024Scope 1: 11,675 tCO2eRevenue: $M 524Scope 1 Intensity: 22.29 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MAlliance Resource PartnersYear: 2023Scope 1: 2,521,512 tCO2eRevenue: $M 2,567Scope 1 Intensity: 982.39 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MHelmerich and PayneYear: 2024Scope 1: 1,036,000 tCO2eRevenue: $M 2,757Scope 1 Intensity: 375.82 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$M

How does Oceaneering International's GHG emissions intensity compare to its peers?

In 2024, Oceaneering International reported a Scope 1 emissions intensity of 11.62 tCOâ‚‚e per millions USD. Compared to the peer group median of 79.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Oceaneering International rank on GHG emissions intensity within its industry?

In 2024, Oceaneering International ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Oceaneering International among the top performers, with one of the lowest emissions intensities relative to peers.a

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