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    Oceaneering to Present at Howard Weil 35th Annual Energy Conference

    March 26, 2007

    March 26, 2007 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced that T. Jay Collins, President and Chief Executive Officer, will deliver a presentation at the 35th Annual Energy Conference hosted by Howard Weil Incorporated in New Orleans, LA on Wednesday, April 4, 2007 at 11:35 a.m. Central Time.

    The presentation slides will be available for viewing using the Investor Relations link at Oceaneering’s website, www.oceaneering.com, beginning Wednesday at 11:35 a.m. Central Time.  The presentation will not be webcast.

    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 and aerospace industries.

    For further information, please contact Jack Jurkoshek, Director Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax 713-329-4653; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

    PR 976

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