Investor Presentaiton

Energy Industry Outlook 2024(1) Brent forecast, average price per barrel in 2024 ~$95 Market Driver 2024 Forecasts, YoY: ● Contracted Floating Rigs annual average, 150 to 157 • Tree Installations, from 373 to 329 •Tree Awards, from 346 to 278 ● · Subsea Equipment Spend, from $7.7B to $8.3B Subsea Services Spending, $7.5B to $7.2B Deepwater FID Project volume and value, +60% and -5%, respectively (1) Sources: Brent price, EIA.gov, October 11, 2023; Contracted Rigs forecast, Oll internal estimate. Trees and Spending data for 2022 and 2023, Rystad Energy Subsea Market Report-Q3 2023. FID data, October 2023 Rystad Energy, Greenfield Development forecast. OCEANEERING Ⓡ OCEANEERING 26

View entire presentation