Investor Presentation

Subsea Hardware Capex Forecast Backlog at September 30, 2016, in $ millions Subsea Capex, Quest August 2016 Oll SS Products Backlog 14 $1,000 $800 $600 $400 $200 $0 2011 2012 2013 2014 SS Products Backlog 2015 2016* 2017F 2018F 2019F 2020F * At September 30, 2016 Source: Quest Offshore, August 2016; Capex: hardware costs for subsea trees/control systems, manifolds, and production umbilicals $9,000 $7,200 $5,400 $3,600 $1,800 $0 Subsea Hardware Capex OCEANEERING

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