Home » Investors » Global reach

Global reach


Global reach
Oceanteam is well-positioned in several important oil and gas exploration basins and is rapidly expanding its presence in areas that play a key role in the development of offshore wind farms. In addition, about 10 percent of our revenues come from the global umbilical installations segment.
 
The situation in the North Sea is challenging and we have made other regions part of our future growth strategies, including Latin America, West Africa and Asia Pacific. The diversification of our global business units makes us better able to deal with setbacks such as decreasing oil prices.
 
Geopolitical tensions mean regions develop at different speeds. Oceanteam has chosen to focus on stable regions and to team up with strong local partners with proven track records in their respective markets. A diversified client base also helps us increase our expertise and develop in different markets.

Responding to the demands of today
Contractors demand both flexible and efficient solutions that seamlessly connect to their own business. Oceanteam is able to meet these demands. Extensive standardisation allows us to customise our equipment quickly at competitive prices. Our turntables, for example, can be delivered within a three-month time frame.
 

Oceanteam ASA reports half year 2020 results

Aug 27 2020 Oceanteam ASA reports half year 2020 results.    

Oceanteam ASA- Resignation of Board Member

Aug 10 2020 Further to the earlier announcement made at the Annual General Meeting of Oceanteam ASA (the “Company” or “Oceanteam”) on 7 May 2020 that board member Hendrik Johannes Jesse would not be available for a renewal of his board position, Mr. Jesse has informed the Company that he resigns from the board of directors ...

Oceanteam ASA’s Vessel Owning Companies agree with Financiers on Amendment of Facility Agreement

Aug 05 2020 Oceanteam and its joint venture partner Bourbon have agreed with the financiers of the jointly owned Vessels to defer the Q1, Q2 and Q3 instalments for 2020 under the Vessels’ Facility Agreement until its expiry in 2022 to allow for flexibility to perform planned capex activities on both Vessels this summer and to cater for the...
Contact Oceanteam Follow us on