Investor Presentation

Oceaneering ROV Pricing and Fleet Utilization. 52% Fleet Utilization as of September 30, 2016 * Revenue / Day on Hire 12 $11,000 $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 YTD September 2016 Revenue / Day on Hire -Fleet Utilization 2008 2009 2010 2011 2012 2013 2014 2015 2016* 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Fleet Utilization OCEANEERING

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