Home » News » Category » markets
  • Dutch Jos van Dijk appointed Group Chief Financial Officer (CFO)
    Sep 25 2017

    Dutch Jos van Dijk appointed Group Chief Financial Officer (CFO)

    Per 1 October 2017, Mr. J. van Dijk (1969) has been appointed Group Chief Financial Officer (CFO) of Oceanteam (“the Company”), the Norwegian-Dutch offshore service provider listed at the Oslo stock exchange. Van Dijk, a seasoned financial executive, brings in all relevant international offshore, maritime and civil engineering related experiences, including leadership capabilities that the Company is in need for after a rocky, but successful, financial restructuring that was closed last June 2017

  • Wind at sea becomes increasingly important in European energy transition
    Aug 14 2017

    Wind at sea becomes increasingly important in European energy transition

    With increasing speed, European countries are focussing on the transition from fossil energy to renewable energy. Wind at sea seems to play a leading role in this transition. This applies in particular to the Netherlands: In the country’s territorial waters five new wind farms will raise that will belong to the largest in the world. The main reason that wind at sea has such good cards: less and less government subsidies are necessary to develop wind farms.
     

  • 2016 Dutch OFS Survey: opportunities and challenges
    May 12 2017

    2016 Dutch OFS Survey: opportunities and challenges

    At this year’s Oil & Gas Industry Forecast event, EY presented the 2016 Results Dutch Oilfield Services (OFS) Analysis. In this industry analysis EY looks into the financial results of 2016 and discusses the dynamics of the industry going forward. Conclusion: the oil and gas market remains challenging and companies should seize the opportunities in the offshore wind industry.

  • Extension scope KCI for Chinese Offshore Wind contract
    Mar 30 2017

    Extension scope KCI for Chinese Offshore Wind contract

    Bejing based Huadian Heavy Industries has extended KCI's scope for the Offshore Wind contract that was awarded last December. Next to the design review, fabrication preparation, load out and installation engineering of an offshore substation, KCI, part of Oceanteam Solutions, will now also take care of the pile drivability analysis. 

  • Oceanteam moves into new office in Amsterdam
    Mar 29 2017

    Oceanteam moves into new office in Amsterdam

    As of April third, Oceanteam will move into a new office in Amsterdam. The new office is located at Westerdoksdijk, an A-location in the city centre, close to Amsterdam Central Train Station. At the same time, Oceanteam Solutions (OTS) will move into a larger building on their own base in Velsen-Noord. Both relocations will give Oceanteam room for future growth.

  • China takes major steps in renewable power generation
    Mar 07 2017

    China takes major steps in renewable power generation

    China’s National Energy Administration (NEA) recently announced major investments in renewable power generation in the coming years, the Guardian reports. The NEA expects the installed renewable power capacity including wind, hydro, solar and nuclear power to contribute to about half of new electricity generation by 2020. This again is a clear sign that world’s largest energy market continues to shift away from coal power towards cleaner fuels.

  • Oceanteam ASA reports revenues of US$ 11.2 million in fourth quarter 2016
    Feb 28 2017

    Oceanteam ASA reports revenues of US$ 11.2 million in fourth quarter 2016

    Oslo/ Amsterdam – 28 February 2017. Oceanteam ASA has recorded US$ 11.2 million revenues from operations and an EBITDA of US$ 2.8 million in the fourth quarter of 2016. Although faced with a nett loss of US$ 3.1 million in the fourth quarter of 2016, the Dutch-Norwegian offshore service provider is fully on track for future growth, says CEO Haico Halbesma who reached an agreement on new terms with its bondholders after 2016 year ending. As a result, Oceanteam ASA, will have a significantly improved free cash flow and structural lower interest costs as from January 1st 2017, creating a healthy foundation for further growth.

  • The journey from oil platform to observation wheel
    Feb 14 2017

    The journey from oil platform to observation wheel

    KCI the Engineers, Oceanteam’s subsidiary, designed world’s biggest observation wheel, the 200+ metre-high Ain Dubai. Previously, KCI engineered 135 m and 180 m big wheels in London and New York’s Staten Island. How did KCI get involved in the Wheels business? Meet Marc Groenendijk, managing director at KCI. Groenendijk started his career at in 2005 as a senior engineer and calls himself a 'hardcore engineer'. Currently, he leads a team of over 100 employees, including the Wheels division. "An observation wheel is a true landmark; it really speaks to everyone's imagination."

  • KCI  attends TKI WoZ Match Making day
    Feb 10 2017

    KCI attends TKI WoZ Match Making day

    On February 15, Oceanteam’s subsidiary KCI the Engineers will attend the yearly Match Making day, organised by Dutch knowledge and innovation consortium TKI Wind op Zee (WoZ). TKI WoZ is a Dutch organisation that facilitates collaboration between companies, knowledge institutions and the government in the field of wind energy. The organisation stimulates research, innovation and implementation in the wind energy industry. 

  • KCI enters Chinese market with offshore wind contract
    Jan 25 2017

    KCI enters Chinese market with offshore wind contract

    Beijing-based Huadian Heavy Industries selected Oceanteam’s subsidiary KCI the Engineers for the design review, fabrication preparation, load out and installation of an offshore substation. KCI will take care of the design review of both the topside as well as the foundation. This project is the firm’s first step entering the promising Chinese renewables market. 

  • McDermott to exercise its option to purchase PLV North Ocean 105
    Jan 13 2017

    McDermott to exercise its option to purchase PLV North Ocean 105

    Oceanteam ASA ("Oceanteam" or "Company") announces that joint-venture partner McDermott will exercise its option to purchase Oceanteam’s 25% ownership in the vessel-owning company North Ocean 105 AS by the end of April 2017. Under McDermott’s main credit facility agreement, it has announced that it is required to do so. 

  • Oceanteam ASA reaches understanding with bond holders on refinancing current bond loan agreement
    Jan 12 2017

    Oceanteam ASA reaches understanding with bond holders on refinancing current bond loan agreement

    Today, Oceanteam ASA ("Oceanteam" or "Company") announced it has reached an understanding with its bond holders on the main terms of the bond loan. As part of a financial restructuring announced in October 2016, the company entered into constructive talks with its banks and its bond holders. 

  • China takes the lead in wind energy
    Nov 21 2016

    China takes the lead in wind energy

    Wind energy becomes more and more an essential and valuable part of the world’s energy markets for the foreseeable future. The total global cumulative wind capacity will be over 705 (!) GW by the end of 2020 according to Navigant Research, a market research and consulting team that provides in-depth analysis of global clean technology markets. But something is going on, warns Navigant analyst Jesse Broehl. He notes that there are effectively two wind markets: China and the rest of the world. The split is not only in total capacity installed in a given year but also in the underlying wind turbine supplier dynamics.

  • Oceanteam and the flourishing renewables market
    Nov 18 2016

    Oceanteam and the flourishing renewables market

    According to TIME magazine, over half of the world’s new power capacity in 2015 came from renewable energy sources like wind power. In a report that was published on 25 October this year, the International Energy Agency states that renewables are beating fossil fuels for the first time. Right now, renewables represent 23% of global power generation.
    A percentage that is expected to grow to 28% by 2021. According to the report, policy makers will continue to encourage the adoption of renewable power. What is Oceanteam’s role in this very promising market?

  • KCI and Oceanteam Solutions start cooperation with OFFCO to enter the Chinese market
    Jul 26 2016

    KCI and Oceanteam Solutions start cooperation with OFFCO to enter the Chinese market

    Haico Halbesma, CEO of Oceanteam ASA, Jan Willem van Bloois, Director Sales & Marketing of KCI the Engineers and Jan Rooswinkel, General Manager of OFFCO, recently signed a long-term representing and consultancy agreement. The cooperation applies to projects concerning Offshore Wind installations and cable lay operations in China, where Oceanteam Solutions and KCI will take care of the supply of marine equipment and engineering.