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    Oceaneering to Present at Deutsche Bank 2008 Energy and Utilities Conference

    May 21, 2008

    May 21, 2008 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that T. Jay Collins, President and Chief Executive Officer, will deliver a presentation at the 2008 Energy and Utilities Conference hosted by Deutsche Bank in Miami Beach, FL on Wednesday, May 28, 2008 at 2:00 p.m. Eastern Time.

    Interested parties may listen to the presentation and view the slides live on the internet at http://www.conferences.db.com/americas/energy08.  An archived replay will be available for 30 days after the conference.  The presentation slides will also be available for viewing on Investor Relations.

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


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