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    Oceaneering Declares Quarterly Dividend

    July 23, 2014

    July 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. The
    dividend is payable September 19, 2014 to shareholders of record at the close of business on
    August 29, 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

    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 1188


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