Oceanteam ASA reports half year 2022 results


The financial performance of Oceanteam improved during the first half of 2022 from a net loss of USD 1.5 million in H1 2021 to a net loss of USD 1.1 million in H1 2022.

The loss from discontinued operations decreased by USD 0.7 million from USD 0.8 million in H1 2021 to USD 0.1 million in H1 2022, whereas the loss from continuing operations increased slightly by USD 0.3 million from USD 0.7 million in H1 2021 to USD 1.0 million in H1 2022.

The lower result from continuing operations was mainly due to reduced equipment utilisation.

For further information about Oceanteam ASA please visit or contact:

Hans Reinigert
Oceanteam ASA
Telephone: +31 20 535 75 70

Half year 2022 report