Oceaneering Announces Record Quarterly Earnings

October 26, 2010 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) today reported record earnings for the third quarter ended September 30, 2010. On revenue of $516 million, Oceaneering generated net income of $59.2 million, or $1.09 per share.

Full Press Release: [PDF Link]

PR 1065

[The use in this release of such terms as Oceaneering, company, group, organization, we, us, our, and its, or references to specific entities, is not intended to be a precise description of corporate relationships.]