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Market outlook


Market outlook
The oil and gas market is characterised by volatility. Although the long-term fundamentals of markets and regions continue to be strong, the short and medium outlooks remain uncertain. This implies a stronger focus on the growing offshore renewables market. Offshore wind has significant generation potential in Europe with more and more large sites. The demand for services related to offshore wind is increasing and Oceanteam Solutions has received an increased number of requests for tenders. By focusing on cost reductions, we have also identified an increased demand for innovative and cost effective solutions.
More than 91 percent of all offshore wind installations can be found in European waters. However, governments elsewhere have set ambitious targets for offshore wind farms and development is starting to take off in China, Japan, South Korea, Taiwan and the US. Oceanteam Solutions is increasing its worldwide cable transport, handling and storage services to meet these targets.
Oceanteam Solutions operates in stable countries. It has strong local partners and a diverse client base. The flexible and scalable business model helps Oceanteam weather dynamics in the marketplace.  
 

Oceanteam Solutions and KCI attend Marintec South America

Aug 15 2017 This week, Oceanteam Solutions and subsidiary KCI the Engineers will be present at the 14th edition of Marintec South America, the leading South American maritime exhibition for shipbuilding, platform and maintenance. UBM/Seatrade organises Marintec South America from 15 to 17 August 2017 in Rio de Janeiro, Brasil. 

Wind at sea becomes increasingly important in European energy transition

Aug 14 2017 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...

Solutions wins contract for supply vessel, equipment and services for cable transport and loadouts

Jul 31 2017 Following the letter of intent in May, Oceanteam Solutions (OTS) 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.
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