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Oceaneering - News - September 13, 2005

Oceaneering Acquires MTQ ROV Fleet

Oceaneering International, Inc. (NYSE:OII) announced it has acquired three work vehicles and four observation class vehicles from MTQ Corporation Limited. All three of the acquired work class vehicles are currently operating in Southeast Asia under contracts that are expected to be in effect at least until the end of this year.

Oceaneering is an advanced applied technology company that provides engineered services and hardware to Customers who operate in marine, space, and other harsh environments. Oceaneering’s services and products are marketed worldwide to oil and gas companies, government agencies, and firms in the aerospace and marine engineering and construction industries.

For further information, please contact Jack Jurkoshek, Manager Investor Relations, Oceaneering International, Inc., 11911 FM 529, Houston, Texas 77041; Telephone 713-329-4670; Fax 713-329-4653; www.oceaneering.com; E-Mail investorrelations@oceaneering.com.



 


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