The offshore service provider

Oceanteam provides high quality support to offshore contractors all over the world through its fleet of large and advanced offshore vessels (Oceanteam Shipping), and its expertise in (rental) marine equipment, cable logistics and design engineering (Oceanteam Solutions).

Oceanteam focuses on economically and technically challenging projects for clients in the oil and gas and renewables industries. In addition, we are among the few companies in the world to combine high-end engineering know-how, Lloyd's certified shipping and expertise, Lloyd's ISO certified solutions and special purpose equipment in a single ‘one-stop shop’ service, if required.

Whether you need a reliable offshore service provider or a local partner to ensure your assets and services continue to grow, Oceanteam is there for you.

    

Our business strategy

Oceanteam’s mission is to provide solution-driven services by combining our engineering, equipment and shipping expertise into a single service in accordance with clients’ requests.
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Our financial strategy

Oceanteam has a disciplined financial strategy. We apply diverse sources of financing through many long-term bank relations and as much as possible avoid high-yield bonds. In general, we permanently take actions to improve our credit rating and reduce our costs of capital.
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Oceanteam sells minority position to its Mexican joint venture partner Diavaz

Mar 28 2019 Oceanteam ASA (the “Company” or “Oceanteam”) and its Mexican partner Diavaz have reached an agreement to terminate the joint venture structure set up by the two groups (the ”DOT Group”), established in 2014 in order to service the Mexican offshore market, in which Oceanteam held 40 percent. Oceanteam’s stake...
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Oceanteam Solutions secured multiple contract extensions for its cable lay spread and cable storage

Dec 20 2018 Oceanteam is pleased to announce a contract extension for two of its turntables well into 2019 with potential to extend beyond this firm period. With this contract Oceanteam Solutions’ 2000t and 4000t turntable will enter its third year of hire and reflects the cooperative partnership the two companies have had over the past years. The...
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A vote of confidence in Oceanteam paves way for the future

Dec 03 2018 On Friday the 30th of November 2018, during an Extraordinary General Meeting in Bergen Norway, shareholders accepted the resolutions in which the Company is allowed to issue additional shares to convert its remaining bonds into shares and, secondly, authorizing the Board to issue new shares in order to support the growth ambitions of the Company.
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