HOUSTON–(BUSINESS WIRE)– Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced that its
Oshore Projects Group (“OPG”) has been awarded a multi-year contract by bp Mauritania Investments Limited for
the provision of subsea inspection, maintenance, and repair (IMR) services and remotely operated vehicle (ROV)
services in the Greater Tortue Ahmeyim eld.

Oceaneering will support this contract with one of its multi-purpose vessels outtted with two Oceaneering work
class ROVs. The scope of work will also include project management, engineering, and integration services provided
by Oceaneering’s local and international personnel. Engineering and pre-mobilization activities have commenced,
with eld operations expected to commence in the second quarter of 2025. The initial contract duration is three
years, with two one-year options to extend.

Ben Laura, Oceaneering’s Chief Operating Ocer, stated, “Oceaneering has a track record of safely providing
inspection, maintenance, and repair solutions globally. We believe that our expertise in delivering high-quality
subsea solutions in harsh environments, utilizing our advanced products and services, was a key element to
winning this contract. We look forward to supporting bp’s operations in this eld.”

For more information on Oceaneering’s inspection, maintenance, and repair services, please visit: IMRGE™
Integrated, Customizable IMR Solutions | Oceaneering

Statements in this press release that express a belief, expectation, or intention, as well as those that are not1
historical fact, are forward-looking. The forward-looking statements in this press release include statements
concerning Oceaneering’s work scope, provision of local and international personnel, contract commencement, and
contract duration. 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, including risks and uncertainties
related to counterparty performance under contracts and market conditions and other economic factors aecting
Oceaneering’s business. 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 more fully described in Oceaneering’s latest annual report on Form 10-K and its
other periodic lings with the Securities and Exchange Commission.

Oceaneering is a global technology company delivering engineered services and products and robotic solutions to
the oshore energy, defense, aerospace, and manufacturing industries.

For more information, please visit www.oceaneering.com.

Hilary Frisbie
Senior Director, Investor Relations
713-329-4755
investorrelations@oceaneering.com
Source: Oceaneering International, Inc