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    Oceaneering to Present at Pritchard Capital Partners’ Energize 2007 Conference

    December 19, 2006

    December 19, 2006 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced that T. Jay Collins, President and Chief Executive Officer, will deliver a presentation at the Energize 2007:  New Year, New Realities Conference hosted by Pritchard Capital Partners, LLC in San Francisco, CA on Tuesday, January 9, 2007 at 10:00 a.m. Pacific Time (12:00 noon Central Time).

    The presentation slides will be available for viewing using the Investor Relations link at Oceaneering’s website, www.oceaneering.com, beginning Tuesday at 12:00 noon Central Time.  The presentation will not be webcast.

    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 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; Fax 713-329-4653; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

    PR 970

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