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Oceaneering to Present at the Credit Suisse 2014 Energy Summit

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February 4, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that Marvin J. Migura, Executive Vice President, will deliver a presentation at the Credit Suisse 2014 Energy Summit in Vail, CO on Tuesday, February 11, 2014.

The presentation slides will be accessible after the close of the market on Friday, February 7, 2014, through the Investor Relations link at Oceaneering’s website, www.oceaneering.com. There will not be a webcast of the presentation.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications.

For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

PR 1173

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Credit Suisse Energy Summit

Oceaneering Declares Quarterly Dividend

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February 18, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per common share. The dividend is payable March 20, 2014 to shareholders of record at the close of business on February 28, 2014.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; E-Mail  investorrelations@oceaneering.com. 

PR 1171

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Oceaneering Reports Record Fourth Quarter and Annual Earnings

Oceaneering Appoints Eric A. Silva as Vice President and Chief Information Officer

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February 25, 2014 – Houston, Texas –Oceaneering International, Inc. (NYSE: OII) announced today that Eric A. Silva has joined Oceaneering as Vice President and Chief Information Officer (CIO).

Mr. Silva’s career spans over 30 years, with more than 10 years of information technology services leadership experience, in the chemical, energy, and oil and gas industries. He was most recently the CIO at El Paso Corporation and, prior to that, at LyondellBasell and Lyondell. Mr. Silva holds a Bachelor’s degree in Accounting and is a Certified Public Accountant in the State of Texas.

Marvin J. Migura, Executive Vice President, stated, “I am pleased to make this announcement regarding Eric’s appointment at a time when Oceaneering is being challenged by our customers to deliver more technology-based services. Eric’s experience has prepared him to provide us leadership to improve and expand our information technology capabilities and thereby enhance our global competitiveness. He has a record of accomplishing the strategic alignment of technology and services with corporate goals for maximizing bottom-line results.”

Mr. Silva is replacing Gregg K. Farris, who will be retiring at the end of March 2014.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; www.oceaneering.com; E-Mail investorrelations@oceaneering.com. 

PR 1176

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Oceaneering Announces Promotion of David K. Lawrence to Senior Vice President

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February 26, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced the promotion of David K. Lawrence to Senior Vice President, General Counsel and Secretary.

Mr. Lawrence joined Oceaneering in June 2005 as Assistant General Counsel and has served as Vice President, General Counsel and Secretary since November 2011. He has extensive experience as an attorney, including over 20 years as in-house counsel in the oilfield products and services industry and manufacturing.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

PR 1177

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Oceaneering Announces Appointment of Knut Eriksen to Senior Vice President, Business Development

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March 6, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced the appointment of Knut Eriksen to Senior Vice President, Business Development. In this new role, Mr. Eriksen will be responsible for leading Oceaneering’s worldwide business development efforts focused on our customers’ evolving and growing deepwater operations.

Mr. Eriksen joined Oceaneering in 2010 as Senior Vice President, Subsea Products. His career spans over 35 years in the oil and gas industry, the majority of which has been in deepwater engineering and offshore projects. Prior to joining Oceaneering he served as Senior Vice President, Global Execution with Natco Group, Inc. He previously held numerous management positions in engineering, operations, and business development at Aker Kvaerner, Inc. and Aker Maritime ASA, and was the Vice President of Worldwide Deepwater Development at Unocal Corporation. He has Masters Degrees in engineering and business administration.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations,
Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; E-Mail investorrelations@oceaneering.com.

PR 1175

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Oceaneering Announces the Promotion of Charles W. Davison, Jr. to Senior Vice President, Subsea Products

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March 6, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced the promotion of Charles “Chuck” W. Davison, Jr. to Senior Vice President, Subsea Products.

Mr. Davison joined Oceaneering in 2007 as Vice President, Umbilical Solutions. He previously spent eight years with the General Electric Company, holding various roles in operational excellence, global operations and supply chain, and general management.

Mr. Davison holds an MBA from the University of Tennessee and a Bachelor’s degree in Industrial Engineering, is a certified Six-Sigma black belt, and has extensive international training and experience in Lean Manufacturing and the Theory of Constraints. He is a member of the Institute of Industrial Engineering, Petroleum Equipment Suppliers Association, and American Society for Quality.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations,
Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

PR 1174

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BARCLAYS Select Series 2014

Oceaneering to Present at the Howard Weil 42nd Annual Energy Conference

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March 18, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that M. Kevin McEvoy, President and Chief Executive Officer, will deliver a presentation at the 42nd Annual Howard Weil Energy Conference in New Orleans, LA on Tuesday, March 25, 2014.

The presentation slides will be accessible after the close of the market on Monday, March 24, 2014, through the Investor Relations link at Oceaneering’s website, www.oceaneering.com. There will not be a webcast of the presentation.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications.

For further information, please contact Jack Jurkoshek, Director Investor Relations,
Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

PR 1178

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Sea-Air-Space – April 7-9, 2014

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2014SAS

Oceaneering will be exhibiting at Sea-Air-Space.

Date: April 7-9, 2014
Location: National Harbor, Maryland
Venue: Gaylord National Convention Center
Booth: #2728

For more information about the show, visit http://www.seaairspace.org.
For more information about Oceaneering, visit www.oceaneering.com.

Howard Weil Energy Conference

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New Orleans, LA – March 25, 2014
Presentation File: PDF Link

Oceaneering Announces First Quarter 2014 Earnings Release and Conference Call Dates

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March 26, 2014 – Houston, TX – Oceaneering International, Inc. (NYSE: OII) announced it will release its first quarter 2014 earnings on Wednesday, April 23, 2014, after 5:00 p.m. Eastern (4:00 p.m. Central).

A conference call to discuss these results and the company’s future business outlook is scheduled for Thursday, April 24, 2014, at 11:00 a.m. Eastern. This call will be webcast by Thomson Reuters and can be accessed through Oceaneering’s website at www.oceaneering.com/investor-relations/. An archived replay will be available starting one hour after the call ends.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, TX 77041; Telephone 713-329-4670; E-Mail investorrelations@oceaneering.com; www.oceaneering.com.

PR 1179

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Oceaneering Solves Australian Umbilical Challenge

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2014-03-aus-umbilical-photo

Oceaneering International designed and manufactured an umbilical system with specialized installation tools for the BHP Billiton Macedon gas development project off Western Australia. Online since September 2013, Macedon connects subsea wells with a new-build natural gas plant near Onslow, Australia. The project specifications brought a lengthy subsea umbilical to a trench along a beach, through thick sand dunes, under a river, across wetlands and finally to the onshore plant. An inline joint installation tool facilitated alignment of the connectors to join multiple umbilical sections in the remote area where soil weight bearing restrictions were critical.

Onshore, the umbilical had to include internal protection from electrical cable-eating termites. Offshore, the umbilical had to pass thorough a stretch prone to Teredo worms (shipworms) that burrow into ship hulls and also electrical cables.

The synergy of the solutions for the Macedon project was proven through design reviews and third party verification. Step by step resolution of the challenges faced demonstrates the teamwork evident in the final product.

Learn more about Oceaneering Umbilicals and specialized solutions >

Integrated Oceaneering team combines technologies for Australian success

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2014-04-australia-imr-installing-clamp1

Oceaneering completed a challenging Australian IMR (Inspection, Maintenance and Repair) campaign within 3 months that included inspecting an unpiggable in-service pipeline and repairing a second pipeline using a custom diverless solution. To meet the schedule, a team of experts in inspection, remotely operated vehicles, installation and pipeline repair combined their experience to fully integrate a solution.

“Unpiggable” Doesn’t Mean “Uninspectable”

To inspect an “unpiggable” pipeline, Oceaneering’s tethered, self-propelled pipe intruders would normally be used. In this case, the non-linear nature of the alignment joints precluded this approach. The Asset Integrity group proposed Neptune, a proprietary ROV-deployed ultrasonic inspection system instead. Neptune is an external inspection system which clamps around a pipeline without interrupting production. Neptune easily delivers the high resolution wall thickness mapping the client required, including fine scan readings to 1mm x 1mm.

Pipeline Repair Solved

Testing the ROV installable clamp

Testing the ROV installable clamp

A pipeline generating a large temperature gradient required an ROV installed diverless solution. By converting an off-the-shelf diver installed clamp to an ROV installable one with a thermal compensation system included, the fabrication cycle of manufacturing was reduced to 7 weeks.

For the installation phase, the standard water jet coating removal process lacked the precision the client desired. Oceaneering’s Australian tooling group designed and built a new self-contained coating removal tool that uses two high-pressure jetting heads which travel 360 degrees axially along the full length of the pipe in a controlled coating removal process. They dubbed the tool the “Master Blaster”.

Integrated Solution Essential to Team Success

To meet the strict 3-5 day window reserved for executing the tasks on a vessel of opportunity, all equipment and personnel were managed through centralized coordination. All the challenges were overcome and the plan was successfully executed on schedule.

For more information, visit the Oceaneering Pipeline Systems, Tooling, Asset Integrity and IMR pages.


Oceaneering Declares Increased Quarterly Dividend

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April 23, 2014 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that its Board of Directors declared a regular quarterly dividend of $0.27 per common share, an increase from its prior quarterly dividend of $0.22 per share. The dividend is payable June 20, 2014 to shareholders of record at the close of business on May 30, 2014.

Oceaneering is a global oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense, entertainment, and aerospace industries.

For further information, please contact Jack Jurkoshek, Director Investor Relations,
Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; E-Mail investorrelations@oceaneering.com.

PR 1180

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Oceaneering Announces Record First Quarter Earnings

2014 Oceaneering/MTS Symposium – Save the Date

2014 Oceaneering/MTS Symposium – Exhibitor Registration

Special Operations Forces Industry Conference – May 20-24, 2014

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