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Oceaneering Announces Third Quarter 2011 Earnings Release and Conference Call Dates

10/05/2011

October 5, 2011 – Oceaneering International, Inc. (NYSE: OII) announced it will release its third quarter 2011 earnings on Wednesday, October 26, after 5:00 p.m. Eastern (4:00 p.m. Central).

A conference call to discuss these results and the company’s future business outlook is scheduled for Thursday, October 27 at 11:00 a.m. Eastern (10:00 a.m. Central). This call will be webcast by Thomson Reuters and can be accessed at Oceaneering’s website at www.oceaneering.com/investor-relations/. An archived replay will be available for two weeks starting one hour after the call.

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; E-Mail investorrelations@oceaneering.com

PR 1093

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