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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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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Bondholders have agreed to convert their remaining bonds into equity

Nov 08 2018 The Board of Oceanteam ASA (the “Company”) is pleased to announce that the bondholders to the Oceanteam ASA Senior Callable Bond Issue 2012/2017 have agreed to convert their outstanding bonds with a total value of USD 5,175,523 into equity. By their willingness to convert their bonds into shares, the bondholders are aligned with shareholders in...
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CSV Southern Ocean secures new contract with McDermott for works in India

Sep 26 2018 CSV Southern Ocean will support McDermott on their subsea installation project off the East Coast of India. Mobilisation of CSV Southern Ocean will start at the end of the year and the works are expected to be completed in the second quarter of 2019.
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