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    Oceaneering to Present at Morgan Stanley Energy Conference

    July 01, 2009

    July 1, 2009 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that Marvin J. Migura, Senior Vice President and Chief Financial Officer, will deliver a presentation at the Energy Conference hosted by Morgan Stanley in New York, NY on Wednesday, July 8, 2009.

    The presentation slides will be accessible after the close of the market on Tuesday, July 7, 2009, 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; Fax 713‑329‑4653; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

    PR 1033

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