The offshore service provider

Oceanteam provides high quality support to offshore contractors all over the world through its fleet of large and advanced offshore vessels (Oceanteam Shipping), and its expertise in (rental) marine equipment, cable logistics and design engineering (Oceanteam Solutions).

Oceanteam focuses on economically and technically challenging projects for clients in the oil and gas and renewables industries. In addition, we are among the few companies in the world to combine high-end engineering know-how, Lloyd's certified shipping and expertise, Lloyd's ISO certified solutions and special purpose equipment in a single ‘one-stop shop’ service, if required.

Whether you need a reliable offshore service provider or a local partner to ensure your assets and services continue to grow, Oceanteam is there for you.

    

Our business strategy

Oceanteam’s mission is to provide solution-driven services by combining our equipment and shipping expertise into a single service in accordance with clients’ requests.
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Our financial strategy

Oceanteam has a disciplined financial strategy. We apply diverse sources of financing through many long-term bank relations and as much as possible avoid high-yield bonds. In general, we permanently take actions to improve our credit rating and reduce our costs of capital.
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Oceanteam ASA reports full year 2020 results

Apr 09 2021 The year 2020 has proven to be challenging for Oceanteam; primarily the shipping segment. Since the outbreak of the pandemic, the shipping segment has been confronted with cancellation of offshore projects, increased expenditures in crewing (quarantine with crew changes, testing ect) and class related capex. The difficult market circumstances in combination with persistent liabilities have accelerated...
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Oceanteam ASA – announces sale of vessel and potential combination with PASSER Group AS

Mar 26 2021 Oceanteam Bourbon 4 AS, a joint venture owned 50/50 by Oceanteam ASA (the "Company" or "OTS") and Bourbon Offshore Norway AS, has entered into a Memorandum of Agreement (Norwegian Sales Form) regarding the sale of the vessel CSV Southern Ocean the "Vessel Transaction". The sale is made subject to customary conditions and is expected to be completed...
#Shipping #Markets #Investors

Oceanteam extends storage contract of 100+ kilometres subsea cable

Jan 25 2021 Oceanteam extends storage contract of 100+ kilometres subsea cable with one of Europe’s biggest cable manufacturers
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