Oceanteam ASA acquires additional Power Cable Installation Assets

Oceanteam ASA announced today that it has agreed with Van Oord Offshore BV to purchase their Marine Cable Installation Assets

Besides various smaller items the assets include the SUBTRENCH 02, a 2007 built innovative trenching machine capable of trenching product to a depth in excess of 3 meter in hard and soft soils, two cable plough’s, two cable burial jet sledge’s, a 40 te SWL A-Frame, three 10 te cable tensioners and a 750 te capacity carousel and associated equipment.