Conversion from Bonds to Shares

Minutes of Meeting of EGM 30 November 2018

Bondholders have agreed to convert their remaining bonds into equity

Notice of a written bondholders’ resolution

Notice of a Written Bondholders’ Resolution

Approved Prospectus and Listing of Shares

CSV Southern Ocean secures new contract with McDermott for works in India

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.

Oceanteam Solutions wins contract for cable transport from Norway to the Netherlands

Oceanteam Solutions has recently signed a contract with one of UK’s biggest energy companies for the supply of a barge equipped with a 5300t turntable and auxiliary equipment for the transport of cables from Norway to the Netherlands. The project is planned to be executed this month.
 
 

Oceanteam ASA names Leidus Bosman as new CEO in move to accelerate growth

Amsterdam (the Netherlands)/ Bergen (Norway), 23 August 2018
 
Oceanteam ASA ("Oceanteam" or "Company") today announced that its Board of Directors has appointed Leidus Bosman as Chief Executive Officer (“CEO”) with effect from 15 October 2018.

Minutes of Meeting of AGM of Oceanteam

Financial calendar

Oceanteam ASA invites for the Annual General Meeting 12 July 2018 CORRECTION

Financial calendar

Delivery of Shares

Further contract extensions for CSV Southern Ocean

The contract for CSV Southern Ocean entered into in February 2018 has been further extended with one month firm. The client is granted additional extension options after expiry of the firm period. The Construction Support Vessel will continue to be assigned to multiple smaller projects within the APAC region.

Oceanteam successfully completes Debt-to Equity Conversion

Oceanteam Completes Debt to Equity Conversion and Renegotiates the Bond Loan Agreement with ISIN: NO 001 066201.8 referred to as FRN Oceanteam ASA Senior Callable Bond Issue 2012/2017 (the "Bond Agreement" or the "Bond Loan"). 

Notice from Written Bondholders’ Resolution

Withdrawal of notice of a written Bondholders’ resolution

Withdrawal of Written Resolution

Oceanteam ASA reaches settlement with the Halbesma Family

Amsterdam (the Netherlands)/ Bergen (Norway), 13 April 2018 

Oceanteam ASA ("Oceanteam" or "Company") is pleased to announce that the Company has reached an agreement with the Halbesma Family and the companies affiliated with them and has secured their support for the proposed comprehensive re-financing plan, which will be voted upon as part of the agenda on the extraordinary general meeting of shareholders to be held today, 13 April 2018, Friday (“EGM”). 

Notice replacing the notice to bondholders dated 22 March 2018

​Notice to shareholders : postponement of deadline for registration of attendance to the EGM

Amsterdam (the Netherlands)/ Bergen (Norway), 11 April 2018. Reference is made to the notice of an extraordinary general meeting ("EGM")of Oceanteam ASA ("Oceanteam" or "Company") to be held on 13 April 2018 concerning the proposal to refinance the Company and the letter to the shareholders and attached presentation ("Presentation") of 10 April 2018. 

OCEANTEAM ASA - CORDIA TO TAKE POSITION IN OCEANTEAM ASA TO SECURE COMPANY’S FUTURE

Amsterdam (the Netherlands)/ Bergen (Norway), 9 April 2018, Oceanteam ASA ("Oceanteam" or "Company") has reached a preliminary agreement with Keesjan Cordia today to take a substantial shareholding in Oceanteam and to strengthen the Board of Directors of the Company

​OCEANTEAM BOARDMEMBER RESIGNS WITH IMMEDIATE EFFECT

Mrs Int Pos has offered her resignation forthwith as Board Member of Oceanteam ASA Member effective immediately.
 

​OCEANTEAM ASA - NOTICE OF EGM 13 APRIL 2018

​LEADERSHIP CHANGE AT OCEANTEAM ASA : CEO HALBESMA RESIGNS

Amsterdam (the Netherlands), 15 March 2018 - Oceanteam ASA ("OTS", or "Company") announces today that the CEO of the Company Haico Halbesma has decided to step down from his position effective 30 March 2018. The Board has respected his decision but also requested that he will remain available as an advisor to the Company and the Board.

OCEANTEAM ASA - REPORTS SOLID FY 2017 RESULTS UNDER DIFFICULT MARKET CONDITIONS

Main financial indicators 2017:

Operating Income USD 31.8 million             
EBITDA: USD 9.1 million                    
Operating Loss:  USD  1.5 million
Net finance (positive): USD 14.4 million
Net profit: USD 11.7 million
Non-recurring item Additional adjustments (compared to Q4 2016 report):
        > assets revaluation and write off's (negative): USD 4.4 million

​OCEANTEAM ASA - EXTENSION GRANTED FROM THE REGISTER OF BUSINESS ENTERPRISES

Oceanteam ASA ("OTS" or "Company") has received a notice from the Register of Business Enterprises ("Register") that the period granted to the Company to appoint and register a new auditor has been extended to 15 April 2018. If the Company fails to remedy this matter by the aforementioned deadline the Register will notify the District Court thereof which may result in a compulsory liquidation of the Company.
 

OCEANTEAM ASA - NOTICE OF EGM 10 APRIL 2018

​OCEANTEAM ASA - VERDICT IN PETITION FOR PUBLIC INVESTIGATION

Reference is made to Oceanteam ASA's (OSE trading symbol: "OTS"; hereinafter "Oceanteam" or the "Company") press release of 5 September 2017 regarding the municipal court of Bergen's receipt of a petition for a public investigation ("Investigation") in the Company.
 

​OCEANTEAM ASA - NOTIFICATION FROM THE REGISTER OF BUSINESS ENTERPRISES

Oceanteam ASA ("OTS" or "Company") has received a notice from the Register of Business Enterprises ("Register") that the Company has four weeks from 20 January 2018 to appoint and register a new auditor. If the Company fails to remedy this matter by this deadline the Register will notify the District Court thereof.

​OCEANTEAM ASA - ROYAL IHC ACQUIRES KCI FROM OCEANTEAM

Oceanteam ASA (Oceanteam), the Dutch - Norwegian offshore service provider, listed at the Oslo stock exchange, and Royal IHC (IHC), a Dutch privately owned global supplier of innovative and efficient equipment, vessels and sustainable services for the offshore, dredging and wet mining markets announce that Oceanteam and IHC have executed a signing protocol under the terms of which IHC will acquire all of the outstanding share capital of Oceanteam's Dutch based engineering and consultancy company KCI the Engineers B.V. subject to certain conditions precedent through an agreed Sale and Purchase Agreement. The transaction is not subject to regulatory approval.