Oceaneering Appoints Mark Peterson as Vice President, Corporate Development

 Oceaneering Appoints Mark Peterson as Vice President, Corporate Development

PR Newswire

HOUSTON, June 4, 2012

HOUSTON, June 4, 2012 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:
OII) announced today that Mark E. Peterson has joined Oceaneering as Vice
President, Corporate Development.

Mr. Peterson's career spans 35 years in the energy industry, since 2005 with
McDermott International, Inc. where he was most recently responsible for
McDermott's corporate development efforts. He has significant financial
business experience including mergers and acquisitions, joint venture
development, transaction and capital structuring, and strategic planning. He
holds a Bachelor's degree in Chemical Engineering and is aProfessional
Engineer.

Stephen E. Bradshaw, who joined Oceaneering in 2002, currently holds an
equivalent position and will continue to serve the company in this capacity
until his retirement at the end of 2012.

Marvin J. Migura, Executive Vice President, stated, "We are delighted to have
Mark join Oceaneering. His depth of industry experience makes him a valuable
addition to our management team, and we look forward to his contributions to
the growth of our company. In addition to executing our business acquisition
strategy, Mark will add strategic insight as we assess geographic expansion
for our existing services and products and explore new business
opportunities."

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.

SOURCE Oceaneering International, Inc.
 
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