Oceaneering International

We were doing a lot of belt bounds at EWA Thornton, working in the Gulf of Thailand.

That contract finished and I got a job with Oceaneering, which is another diving company, quite a well-known diving company, may still be going today.

Oceaneering were based in Singapore.

They had an office in Singapore.

And I went for an interview basically just for multiple jobs.

I always remember that.

And so it wasn't a very good kind of atmosphere.

But I went on with a friend who I'd met at Oceaneering.

You're going to have Weatherford reporting this week.

You're going to have Liberty reporting this week, Oceaneering and SLB.

So we're going to really have a lot of data points for both the frack market in the U.S. as well as international offshore markets.

So we're kind of, you know, taking a look at that.

I'll give you an example that was from, we just launched a lot of our AI capabilities this week, and we had a beta program leading up to that.

We had some really interesting examples, and it's stuff you probably wouldn't think of, right? So one of our customers is a company called Oceaneering.

And what ocean airing does is they do a lot of offshore monitoring of oil rigs and harsh environments and things like that.

So areas where it's really not practical to do things like detect if a pipe is leaking or see if a pressure gauge on some system is too high, or even things like motion on the rig itself, if someone's using a crane to tell people to stay away from that area.

Energy Savannah is its crown vessel.

In the last few months, APSEZ entered Europe's deep water market through a partnership with Oceaneering International, which is an American underwater engineering specialist, and it won a 10-year contract serving Argentina's first project to export LNG.

The business is still small, just over 8% of APSEZ's revenue, but it grew 134% in a single year, more than doubling.

And the income is genuinely external, earned entirely from third-party customers rather than Adani's own ports.

You know, last thing we'd probably wanna say is just from an ener-energy equity standpoint, next week we're gonna start getting to third quarter earnings.

That's gonna be the big three names, guys like SLB, uh, Halliburton, and some of the, uh, distributed generation companies like Liberty and also offshore companies like Oceaneering.

So we're gonna have a, a good feel for what things are gonna look like on the offshore, uh, on the international markets and well as, uh, North America- you know, North American, uh, oil services market.

So it ought to be a very interesting week as we go into, uh, you know, into next week and bec- you know, the week after that, we're just gonna have a l- total You know, a-avalanche of earnings coming.

I talked to Fabien, got pictures taken with him, talked to, um, people from Deep as well.

Oceaneering was there talking to everybody, so there was all these minds standing around.

I was actually standing there while Oceaneering and Deep were talking about partnering or do work together, and then they're talking about getting Fabien involved.

It was crazy.

It was crazy to be right there in that conversation.

He is a four-term state rep, a mechanical engineer from the University of Texas, has worked for a variety of large, large industry service companies like Ocean Engineering, And help me out, Cameron.

Cameron Subsea, Oceaneering, National Oil Well back in the day.

So when I was skinny and had a full head of hair.

Fantastic.