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    Oceaneering Declares Quarterly Dividend

    April 22, 2015

    April 22, 2015 – 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 June 19, 2015 to shareholders of record at the close of business on May 29, 2015.

    Oceaneering is a global 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 industries.

    For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; 713-329-4670; investorrelations@oceaneering.com.

    PR 1222

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