Pressreleases
Dec 08 2017
Today, Oceanteam ASA, the Dutch - Norwegian offshore service provider, listed at the Oslo stock exchange, announces it has signed a heads of terms agreement to sell part of its Solutions business.
Nov 23 2017
Following the suspension by Oceanteam ASA of the auditor's services of KPMG in Norway on 14 November 2017, KPMG has informed the Company that it withdraws its services as statutory auditor in Norway with immediate effect. Oceanteam ASA disputes the validity of such resignation and is in process of filing a formal complaint.
Nov 14 2017
Oceanteam ASA, the Dutch Norwegian offshore service provider listed on the Oslo Stock Exchange, has suspended KPMG's services, the Company's auditor in Norway. The decision was made based on Oceanteam's investigative findings regarding audit costs that were charged for work not performed.
Nov 07 2017
The CSV Southern Ocean, which has been on a long-term bare boat charter contract with Fugro since her delivery in 2010, has been redelivered to Oceanteam per 7 November 2017. Despite the redelivery, under the amended contract the vessel will remain available for jobs as and when fit to Fugro until the original end date of the contract (end 2018).
Oct 30 2017
OCEANTEAM ASA - CONFIRMATION INTERIM REPORT 2017 IS IN ACCORDANCE WITH CURRENTLY APPLICABLE STANDARD
The Board of Oceanteam ASA, the Dutch-Norwegian based offshore service provider Oceanteam ASA ("Oceanteam" or "Company") would like to announce the following regarding the Company's 2017 interim report:
Oct 02 2017
Oceanteam Solutions has recently signed a contract regarding the supply of a 5300T turntable, a loading tower and auxiliary equipment on a barge for the storage and multiple loadouts of subsea cables in the Netherlands. Furthermore, Oceanteam will accommodate a professional cable handling crew that will assist during the cable loadouts.
Sep 25 2017
PRESS RELEASE
Amsterdam, Bergen - 25 September 2017
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.
Amsterdam, Bergen - 25 September 2017
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.
Aug 07 2017
Oceanteam ASA (the "Company") refers to section 4 of the minutes from its extraordinary general meeting, wherein it is stated that the proposal for an investigation of the Company was supported by shareholders representing more than ten percent of the share capital of the Company. Pursuant to §5-25 (2) of the Norwegian Public Limited Liability Act, any shareholder may within one month from the date of the general meeting require the district court to pronounce by decree a decision for investigation.
Aug 04 2017
As per 31 July 2017, Mr. D. (Diederik) Legger (1969) has been appointed as a member of the Board of Directors of Oceanteam ("the Company"), the Norwegian-Dutch offshore service provider listed on the Oslo stock exchange.
Jul 31 2017
SOLUTIONS WINS CONTRACT FOR SUPPLYING VESSEL, EQUIPMENT AND SERVICES FOR CABLE TRANSPORT AND LOADOUT
Following the letter of intent in May, Oceanteam Solutions has recently signed a contract with a European cable manufacturer regarding the supply of a transport vessel, turntable and auxiliary equipment for the transport of cables from South Europe to Scandinavia. The project is planned to be executed in summer 2017.
Jul 27 2017
Oceanteam Solutions has been awarded a long-term contract to supply a company that performs the installation of marine power cables with a 2000T demountable turntable including engineering and personnel services.
Jul 10 2017
Oceanteam ("the Company"), the Norwegian-Dutch offshore service provider announces that Mr. B. (Bote) de Vries (1958), who was appointed non-executive director during an EGM on 9 May 2017, has informed the Board of the Company and its bondholders to step down per 10 July 2017. This is only just two months after being on duty. Both have accepted his resignation. As from day one his particular responsibilities have required and will require more time than initially expected. Additionally, according to Mr. Bote de Vries, for now his role should be rather an executive role than a non-executive, since Oceanteam is still in the process of recruiting its new CFO.
Jun 20 2017
Today, Oceanteam and its joint venture partner McDermott closed the sale of Oceanteam's remaining 25 percent stake in vessel-owning company North Ocean 105 AS.
Jun 01 2017
Mr. B. (Bote) de Vries (1958) has been appointed as Director of the Board of Oceanteam ("the Company"), the Norwegian-Dutch offshore service provider listed at the Oslo stock exchange. Mr. de Vries succeeds Mr. James Hill who stepped down and who has been a Director on Oceanteam's Board since 2012.
May 17 2017
SOLUTIONS WINS LONGTERM CONTRACT TO ENGINEER AND SUPPLY 5300T AND 1100T TURNTABLES FOR CABLE STORAGE
Oceanteam Solutions has been awarded a long-term contract to supply a company that provides cables and systems for energy and telecommunications with port facilities, loadouts and storage of cables at Oceanteam's own cable storage facility in Velsen Noord, The Netherlands. Furthermore, Oceanteam will accommodate a professional cable handling crew, engineering services and equipment for the complete project.
May 09 2017
Today, an extraordinary general meeting Oceanteam ASA (the "Company") was held in Bergen, Norway. The following was decided upon;
May 09 2017
Oceanteam received the written notice from its joint venture partner McDermott in which it commits to purchase Oceanteam's remaining 25 percent stake in the vessel-owning company North Ocean 105 AS on 20 June 2017.
May 02 2017
Today, a bondholders' meeting took place where the amended and restated bond agreement (the "Bond Agreement") between the bondholders and Oceanteam was agreed and executed.
Apr 12 2017
Following the announcement of Oceanteam ASA ("Oceanteam" or "Company") on 12 January 2017 having reached an understanding with its bondholders on refinancing its current bond loan agreement, the Norwegian-Dutch offshore service provider with a listing on the Oslo Stock Exchange, today announces it has made the next step forward by reaching an agreement with a qualified majority of its bond holders on the main terms of the bond loan concerned.
Jan 13 2017
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.
Jan 11 2017
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.