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Oceaneering to Present at Credit Suisse Energy Summit

01/27/2009

January 27, 2009 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that Marvin J. Migura, Senior Vice President and Chief Financial Officer, will deliver a presentation at the Energy Summit hosted by Credit Suisse in Vail, CO on Tuesday, February 3, 2009 at 8:15 a.m. Mountain Time.

The presentation slides will be accessible after the close of the market on Friday, January 30, 2009, through Investor Relations.  There will be no webcast of the presentation.

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.

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; E-Mail investorrelations@oceaneering.com.

PR 1022

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