Oceaneering

Oceaneering to Present at 2012 Credit Suisse Energy Summit

Eric Sheline — Fri, 03 Feb 2012 18:00:41 +0000

February 3, 2012 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that Marvin J. Migura, Executive Vice President, will deliver a presentation at the 2012 Credit Suisse Energy Summit in Vail, CO on Tuesday, February 7, 2012.

The presentation slides will be accessible after the close of the market on Monday, February 6, 2012, through the Investor Relations link at Oceaneering’s website, www.oceaneering.com. There will not be a 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; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.

PR 1111

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Oceaneering Announces Fourth Quarter and Annual 2011 Earnings Release and Conference Call Dates

Eric Sheline — Wed, 25 Jan 2012 17:00:10 +0000

January 25, 2012 – Houston, Texas – Oceaneering International, Inc. (NYSE: OII) announced it will release its fourth quarter and annual 2011 earnings on Wednesday, February 15, 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, February 16 at 11:00 a.m. Eastern (10:00 a.m. Central). This call will be webcast by Thomson Reuters and can be accessed through Oceaneering’s website at www.oceaneering.com/investor-relations/. An archived replay will be available starting one hour after the call ends.

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.

PR 1109

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Goldman Sachs Global Energy Conference 2012

Eric Sheline — Tue, 10 Jan 2012 22:01:16 +0000

Miami, FL – Wednesday, Jan. 11, 2012
Presentation File: PDF Link

Oceaneering Announces $300 Million Revolving Credit Agreement

Eric Sheline — Fri, 06 Jan 2012 19:40:08 +0000

January 6, 2012 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced that it has entered into a new credit agreement for a $300 million revolving credit facility. The new agreement replaces a prior credit agreement that was set to expire January 22, 2012. The new agreement became effective immediately and will remain in effect for five years. The banks participating in the new credit agreement are Wells Fargo Bank, National Association (“Wells Fargo”), DNB Bank ASA (“DNB”), HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Bank of America, N.A., and Barclays Bank PLC. The amount available under the revolving credit facility can be increased to up to $500 million at any time upon the agreement of Oceaneering and existing or additional lenders.

The new revolving credit facility will be available to refinance advances outstanding under the prior credit facility and for other general corporate purposes. Wells Fargo Securities, LLC and DNB Markets, Inc. acted as joint lead arrangers and joint bookrunners for the facility. Wells Fargo is the Administrative Agent under the new credit agreement and DNB is the Syndication Agent. The new credit agreement contains similar financial covenants as the prior credit agreement relative to defined levels of Oceaneering’s debt to total capitalization and interest expense coverage.

Robert P. Mingoia, Vice President and Treasurer, stated, “We are extremely pleased that our international group of banks has shown their confidence in our future business prospects. The new arrangement provides us medium-term capital at attractive rates and, coupled with our anticipated strong cash flow, provides us with continued financial flexibility to fund future growth.”

Statements in this press release that express a belief, expectation or intention, as well as those that are not historical fact, are forward looking. The forward-looking statements in this press release include the statement concerning Oceaneering’s purposes for the new credit facility and its strong cash flow and financial flexibility. These forward- looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on current information and expectations of Oceaneering that involve a number of risks, uncertainties, and assumptions. Among the factors that could cause the actual results to differ materially from those indicated in the forward-looking statements are: industry conditions, prices of crude oil and natural gas, Oceaneering’s ability to obtain and the timing of new projects, and changes in competitive factors. Should one or more of these risks or uncertainties materialize, or should the assumptions underlying the forward-looking statements prove incorrect, actual outcomes could vary materially from those indicated. These and other risks are fully described in Oceaneering’s annual report on Form 10-K for the year ended December 31, 2010 and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. Oceaneering undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise, except as required by applicable law.

Oceaneering is a global 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.

PR 1104

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Underwater Intervention – January 24-26, 2012

Eric Sheline — Fri, 06 Jan 2012 18:00:35 +0000

Oceaneering will be exhibiting at the 2012 Underwater Intervention conference. The conference will be at the Ernest N. Morial Convention Center in New Orleans, Louisiana, USA. Oceaneering will be in booth number 306.

For more information about the conference, visit http://www.underwaterintervention.com.

For more information about Oceaneering, visit http://www.oceaneering.com.

Technical Papers

Hans Kros will be presenting “ROV Dredging Using Advanced Techniques” on Wednesday, January 25 at 11:30 in Room 217. For more information, view the abstract at this link: http://www.underwaterintervention.com/2012/presentations/rov-dredging-using-advanced-techniques.html

Congress of Logistics, Transport and Distribution of Hydrocarbons – February 1-3, 2012

Eric Sheline — Thu, 05 Jan 2012 18:00:31 +0000

Oceaneering will be exhibiting at the Congress of Logistics, Transportation and Distribution of Hydrocarbons. The conference will be at the Expo Guadalajara in Guadalajara, Mexico. Oceaneering will be in booths 1430 and 1431.

For more information about the conference, visit http://www.expoltd.com.mx/welcome.html

For more information about Oceaneering, visit http://www.oceaneering.com

Oceaneering to Participate at Goldman Sachs Global Energy Conference 2012

Eric Sheline — Wed, 04 Jan 2012 18:01:36 +0000

January 4, 2012 – Houston, Texas – Oceaneering International, Inc. (NYSE:OII) announced today that M. Kevin McEvoy, President and Chief Executive Officer, will be a participant on the Oilfield Services Panel, Outlook for Subsea Equipment Market, at the Goldman Sachs Global Energy Conference in Miami, FL on Wednesday, January 11, 2012.

The conference handout will be accessible after the close of the market on January 10, 2012, through the Investor Relations link at Oceaneering’s website, www.oceaneering.com.

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.

PR 1103

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Pipeline Pigging & Integrity Management Conference – February 7-9, 2012

Eric Sheline — Wed, 04 Jan 2012 17:00:49 +0000

Oceaneering will be exhibiting at the 2012 Pipeline Pigging & Integrity Management Conference. The event will be at Marriott Westchase Hotel in Houston, Texas, USA. Oceaneering will be in booth number 218.

For more information about the conference, visit http://www.clarion.org/ppim/ppim12/index.php

For more information about Oceaneering, visit http://www.oceaneering.com

Subsea UK – February 8-9, 2012

Eric Sheline — Wed, 04 Jan 2012 16:00:26 +0000

Oceaneering will be exhibiting at Subsea UK 2012. The event will be at the Aberdeen Exhibition and Conference Center in Aberdeen, Scotland, UK. Oceaneering will be in booths A5 and A29.

For more information about the conference, visit http://www.subsea2012.com

For more information about Oceaneering, visit http://www.oceaneering.com

Australasian Oil & Gas Expo – February 22-24, 2012

Eric Sheline — Wed, 04 Jan 2012 12:00:10 +0000

Oceaneering will be exhibiting at the Australasian Oil & Gas Expo 2012. The conference will be at the Perth Convention Exhibition Centre in Perth, Australia. Oceaneering will be in the Subsea section, booth B34.

For more information about the conference, visit http://www.aogexpo.com.au/

For more information about Oceaneering, visit http://www.oceaneering.com