2003 Press Releases

December 29, 2003

Oceaneering Announces New Multiflex Manufacturing Facility

December 18, 2003

Oceaneering Acquires Medusa Spar Ownership Position

December 2, 2003

Oceaneering Announces Intent to Acquire ROV Related Business Operations from Stolt Offshore BV.

November 30, 2003

Oceaneering Announces Agreement to Acquire ROV Related Business Operations from Subsea 7

November 10, 2003

Oceaneering Announces 12% Sequential Improvement In Quarterly Earnings

September 3, 2003

Oceaneering Announces Medusa Spar Participation Agreement

September 2, 2003

Oceaneering Acquires Rotator AS

August 11, 2003

Oceaneering Announces 32% Sequential Improvement In Second Quarter Earnings

July 1, 2003

Oceaneering Announces $100MM Revolving Credit Agreement with Five Banks

May 13, 2003

Oceaneering Promotes Duncan McLean to Vice President and General Manager of Oceaneering Technologies

May 6, 2003

Oceaneering Announces First Quarter Earnings

April 28, 2003

Oceaneering Acquires Nauticos

April 17, 2003

Oceaneering Renews ROV/Survey Alliance With Fugro Chance Inc.

April 16, 2003

Oceaneering Space Systems Awarded Subcontract to Operate Key NASA Facililty

April 14, 2003

Oceaneering Acquires Reflange, Inc.

April 7, 2003

Oceaneering and Sercel Form Agreement

April 7, 2003

Deepwater Autonomous Underwater Vehicle by Oceaneering, Boeing, and Fugro Enters Service

March 21, 2003

Oceaneering to Quadruple Steel-Tube Umbilical Manufacturing Plant Capacity

February 19, 2003

Oceaneering Announces Fourth Quarter, Record Annual Earnings, and Results of Accounting Restatement

January 16, 2003

Oceaneering Acquires OIS International Inspection plc, More Than Triples International Inspection Market Presence