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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 wins contract to engineer and supply 2000T turntable for cable installer

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.

Construction Ain Dubai in full swing

Jul 11 2017 The construction of world's largest observation wheel, Ain Dubai, proceeds according to schedule. Under subsidiary KCI's project management, the local fabrication of all components has now been completed. The so-called 'A-frame' (legs and hub & spindle) is already installed.

KCI attends 7th International Conference Offshore Foundations

Jul 04 2017 KCI will be present at the 7th International Conference Offshore Foundations, organised by the IQPC from 4th to 6th July 2017 at the Swissotel in Bremen, Germany. This annual technical event for experts in the wind industry brings together professionals from across the foundation design, fabrication and installation supply chain.
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