Oceaneering Declares Increased Quarterly Dividend

              Oceaneering Declares Increased Quarterly Dividend

PR Newswire

HOUSTON, April 23, 2013

HOUSTON, April 23, 2013 /PRNewswire/ --Oceaneering International, Inc.
(NYSE:OII) announced today that its Board of Directors declared a regular
quarterly dividend of $0.22 per common share, an increase from its prior
quarterly dividend of $0.18 per share. The dividend is payable June 20, 2013
to shareholders of record at the close of business on May 31, 2013.

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, entertainment, and aerospace

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.

Website: http://www.oceaneering.com
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