Oceaneering Celebrates 25th Anniversary at the Port of Rosyth

Rosyth, Scotland, U.K. - Oceaneering International, Inc. ("Oceaneering") (NYSE: OII) proudly announces that its wholly-owned subsidiary, Oceaneering International Serviced Limited (OISL), hosted an event to celebrate the 25th anniversary of its operations at the Port of Rosyth, U.K., on June 20, 2024.

In attendance at the event were Alan Curtis, Oceaneering's Senior Vice President and Chief Financial Officer, Shaun Roedel, Oceaneering's Senior Vice President of Manufactured Products, and Audrey Orhon, General Manager for Oceaneering in Rosyth. They were joined by Stuart Wallace, CEO Designate of Forth Ports, and Neil Gordon, Chief Executive of Global Underwater Hub, to unveil a commemorative plaque to mark the occasion. The plaque will sit alongside the plaque previously presented by HRH Princess Anne when the current site was opened in 1999.

The Port of Rosyth is home to Oceaneering's U.K. umbilical manufacturing facility. The site is equipped with state-of-the-art manufacturing capabilities and produces subsea umbilicals and hardware to meet diverse customer specifications.

The Rosyth site is also home to Oceaneering's Testing, Qualification, and Reliability Laboratory, a purpose-built facility designed to meet the requirements for topside and subsea component and assembly qualification and factory acceptance testing. OISL was established in 1974 and provides operational and manufacturing support to the U.K., Europe, Africa, and the Middle East.

Stuart Wallace, Chief Executive Designate from Forth Ports said: "On behalf of the whole of the Forth Ports team, we congratulate Oceaneering on reaching this significant milestone for their business. Oceaneering, who were originally based in the Port of Leith for a number of years, became one of the first tenants to occupy the Port of Rosyth when it was established in 1999 and we have enjoyed this long-term working relationship with the team. Through effective collaboration, the teams have worked well on large scale projects at the port utilising the port's expert project experience and Oceaneering's manufacturing and technical expertise. We look forward to continuing to develop the Oceaneering business base at Rosyth for years to come."

Alan Curtis, Senior Vice President and Chief Financial Officer, stated: "We are delighted to celebrate 25 years of operations at the Port of Rosyth. We are grateful to be joined by representatives of our key customers, suppliers, and industry and community partners. The work conducted at this facility is vital to both the local and global energy industries. Earlier this year, our Rosyth facility achieved 'Fit 4 Offshore Renewables' Granted Status from the Offshore Wind Energy Council and ORE (Offshore Renewable Energy) Catapult. We are excited about the future and the contributions we will continue to make to the traditional and renewable energy sectors."

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