Oceaneering acquires Spectrum Sales & Services Oceaneering International announced it has acquired Spectrum Sales & Services, a nondestructive examination company that has developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer technology. Spectrum currently serves the oil and gas, petrochemical, and power industries primarily in the Gulf Coast Region of the U.S.. Spectrum's revenue for 2013 was approximately $4M.
Oceaneering appoints Clyde Hewlett COO Oceaneering International announced the promotion of Clyde Hewlett to COO. In this capacity he will have expanded responsibility for managing all of Oceaneering's oilfield business. Hewlett joined Oceaneering in 1988 and most recently served as senior VP, Subsea Services.