Being on the Leading Edge of High-Risk Engineering β Mr. Rod Larson, CEO, Oceaneering
Based in Houston, Texas, Oceaneering is an innovative, robotics company providing engineering solutions for difficult challengesΒ ...
President, Chief Executive Officer & Director, Oceaneering
Search every verified Roderick Larson interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Rod Larson, president and CEO of Oceaneering, described the company as a $2.5 billion robotics and engineering firm with about 10,500 employees operating in 52 countries, with roughly 70% of revenue from energy and 30% from government work including space and defense. In a September 2024 interview, Larson stated that hydrocarbons will be needed for a long time and that Oceaneering works with customers to develop resources "in a really responsible way," focusing on safety and reducing carbon footprints. He noted that deepwater reservoirs have some of the lowest carbon footprints for development and cited West Africa, Guyana, Surinam, and Brazil as regions with long-term offshore growth potential. Larson also highlighted Oceaneering's government services, including work for NASA and submarine repair as the only SubSafe certified contractor outside of submarine manufacturers. Larson has emphasized innovation and adaptation, stating that the secret to success includes "saying yes to opportunities, being curious, and gaining experience across different parts of the business." He has discussed Oceaneering's development of an autonomous counterbalance forklift for automobile manufacturing as an example of applying technology beyond oil and gas. In a 2017 keynote, Larson argued that being first to market is not sufficient, citing companies like Blackberry and Kodak that failed to maintain leadership, and stressed that technology must be safe, integrated, and supported by a culture of service. He has also advocated for Houston as a center for innovation beyond Silicon Valley, saying companies like Oceaneering can help attract investment by showcasing technology leadership.
“We're about a $2.5 billion dollar company in revenue, employing about 10,500 people around the world with more than half of our revenues coming from outside the US, operating in 52 countries.”
“About 70% of the companyβs revenue comes from energy, and the other 30% is mostly government businesses including space and defense.”
“Energy transition is a big focus; hydrocarbons will be needed for a long time, so we work with customers to develop resources responsibly, making it safer and cleaner while reducing carbon footprint.”
“Deepwater reservoirs have some of the lowest carbon footprints for development, and we see great promise in regions like West Africa, Guyana, Surinam, and Brazil for long-term offshore growth.”
“We are the only SubSafe certified contractor outside of the submarine manufacturers that perform repair work on nuclear submarines during dry dock refueling.”
“Innovation requires picking problems worth solving that are meaningful to both customers and employees, especially in high-risk environments where success is not guaranteed.”
“We have developed a truly autonomous counterbalance forklift to replace the biggest human labor component in automobile manufacturing, demonstrating our ability to apply technology beyond oil and gas.”
“Houston, Texas, has the opportunity to be seen as a center for innovation beyond Silicon Valley, and companies like Oceaneering can help attract investment by showcasing technology leadership.”
“The secret to success is saying yes to opportunities, being curious, and gaining experience across different parts of the business to become an effective leader.”
“Understanding the work and challenges faced by frontline employees is critical because they are the lifeblood of the company and key to its success.”
“If you ask them what comes next, you know we've got telephones and that we're living in the future, what else can we need? Would they have thought of things like video phones or fax machines or maybe Wireless? If it took 30 years to get 50,000 telephones, how long will it take before we can actually have wireless telep...”
“Not good enough to be first, you also have to get the story right. Blackberry, Motorola, Kodak, Blockbuster Video were pioneers but failed to maintain their leadership. It's not just about being first but about adapting and getting the story right.”
“Think about the car industry: Henry Ford introduced the Model T to solve the problem of faster transportation. The infrastructure needed to support cars was massive, including the petroleum industry. Today, the car industry is on a plateau, but with disruptions like Tesla challenging what cars are, the future is uncert...”
“The shale revolution was built on rotary drilling adapted into horizontal drilling combined with hydraulic fracturing. These technologies unlocked oil that was known to be there but previously inaccessible. However, a high enough price point was necessary to develop and support these technologies.”
“Big data and analytics are increasingly important. By 2020, 1.7 megabytes of data per second per person on the planet will be generated, but only 0.5% will be analyzed. In our industry, we formed Global Data Solutions to gather and make data usable to improve operations, partnering with companies like Microsoft Azure.”
Based in Houston, Texas, Oceaneering is an innovative, robotics company providing engineering solutions for difficult challengesΒ ...
Oceaneering CEO Rod Larson delivered an unconventional, yet inspiring, keynote address about the digital future of the subseaΒ ...
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