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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 supply a 5300T turntable on a barge utilised for cable storage

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.

KCI attends 2017 Euro Attractions Show (EAS)

Sep 22 2017 Next week, Oceanteam’s subsidiary KCI will be present at the Euro Attractions Show (EAS) from 24-28 September in Berlin, Germany. EAS is a major exhibition event for leisure and attractions industry professionals, including operators, suppliers, manufacturers, investors and developers from the global amusement community. More than 11,000 industry professionals are expected to attend.

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. 
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