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    Oceaneering Announces Record Quarterly Earnings

    October 26, 2010

    October 26, 2010 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) today reported record earnings for the third quarter ended September 30, 2010. On revenue of $516 million, Oceaneering generated net income of $59.2 million, or $1.09 per share.

    PR 1065

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