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    Oceaneering Announces Record Second Quarter 2007 Earnings

    August 01, 2007

    August 1, 2007 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) today reported record quarterly earnings. For the quarter ended June 30, 2007, on revenue of $432 million, Oceaneering generated net income of $47.9 million, or $0.86 per share. The substantial increase in quarterly earnings was attributable to improvements in operating income performance by each of its business segments.

    PR 984

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