Gardner Named VP at Oceaneering

March 11, 2004

Oceaneering International, Inc. has appointed Philip D. Gardner as Senior Vice President, Manufacturing. Effective April 1, 2004, Mr. Gardner will assume worldwide P&L responsibility for Oceaneering's products group, which includes Oceaneering Multiflex and Oceaneering Intervention Engineering. In addition, he will have worldwide functional oversight responsibility for Materials Management and Quality Assurance in the oilfield sector. Mr. Gardner's career spans over twenty-five years in the oil and gas industry, most recently with Oil States Industries, Inc. where he served as President of AHSI, an offshore crane company. Mr. Gardner is a graduate of the University of California Berkeley and received his Masters in Business Administration from Harvard Graduate School of Business Administration. T. Jay Collins, President and Chief Operating Officer, stated, "Phil Gardner's leadership and proven successful track record in managing international manufacturing and oilfield services businesses will add depth to our management team as we move forward with our expansion of Multiflex and the integration of acquisitions in our Oceaneering Intervention Engineering business."

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