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    Oceaneering Announces Over $40 Million in Umbilical Contracts

    September 01, 2005

    September 1, 2005 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that Oceaneering Multiflex has obtained contracts with an approximate value of $42 million by Petroleo Brasileiro S.A. (Petrobras) to supply umbilicals for the Marlin East, Roncador Phase II, Manati, and Golfinho field developments.

    PR 925

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