Oceana Advanced Industries Ltd. is an Israel-based company. The Company acts as a construction and dredging contractor by using its ocean computer technology and capabilities. The Company and its subsidiaries have been operating under the name, Oceana, since 1970. Oceana Advanced Industries Ltd.'s scope of activities include marine and civil engineering projects, marine and land pipe and cable laying, dredging and marine mining, marine surveys and hydrographic services, search and recovery operations using its computer technologies, diving and salvage operations using rugged computers, underwater blasting, geo-technical surveys and borehole drilling, integration of precision control and navigation systems using rugged computers, precision marine navigation systems using rugged computers and hydrographic survey systems.(Source: ARS)