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Oceanteam Shipping has appointed Holger Reurslag, an experienced offshore energy player with a 25-year career in the offshore construction, drilling and production sector, to the role of the Company Captain. As the Company Captain, Reurslag will be responsible for a wide range of managerial tasks, including the management of the vessel’s crew and the execution of quality, health, safety […]
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Oceanteam ASA and KCI the Engineers have signed a long-term representing and consultancy agreement with OFFCO (Offshore Cooperation) for projects relating to offshore wind installations and cable lay operations in China. According to the agreement, Oceanteam Solutions will provide marine equipment and KCI will provide engineering services for potential projects. “Through Oceanteam’s close co-operation with subsidiary KCI, we can provide OFFCO […]
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Oceanteam, the Norwegian-Dutch offshore service provider, has informed that non-executive director Bote de Vries would be stepping down from his role. The decision, effective July 10, came only two months after de Vries joined Oceanteam. The appointment of De Vries was approved by Oceanteam’s shareholders during an extraordinary general meeting on May 9. He succeeded […]
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A Norwegian-Dutch offshore service provider, Oceanteam, has announced that CEO Haico Halbesma has taken over CFO duties until further notice. Oceanteam said on Thursday that the current CFO, Torbjorn Skulstad has relinquished his tasks due to illness. Halbesma, who has held the position of CFO of the company prior to him becoming Oceanteam’s CEO, said: “We […]
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Oceanteam Solutions has been awarded a long-term contract to supply an Offshore Transmission Owner (OFTO) with port facilities, loadouts and storage of cables at Oceanteam’s own cable storage facility in Velsen Noord, The Netherlands. The transpooling of a cable will be performed by the company’s cable handling crew at the end of this month. The cable will […]
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Oceanteam is disputing a withdrawal of services by its auditor in Norway, KPMG.
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Business & Finance, Equipment, Operations & Maintenance
Oceanteam chairman of the board Hessel Halbesma has handed in his resignation effective immediately, the Oslo-listed offshore services player informed on Thursday. His resignation follows Haico Halbesma’s decision to step down as Oceantem CEO last week. According to Oceanteam, Hessel Halbesma resigned in order to mitigate against further repercussion against the company and to diffuse […]
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Offshore service provider Oceanteam has completed the sale of its Dutch-based engineering and consultancy company, KCI the Engineers B.V., to compatriot supplier of equipment, vessels, and services, Royal IHC. To remind, Oceanteam and Royal IHC in early January executed a signing protocol under the terms of which IHC would acquire all of the outstanding share capital of […]
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Business & Finance, Operations & Maintenance
Offshore services player Oceanteam and its Mexican partner Diavaz have reached an agreement to terminate the joint venture structure, DOT Group. DOT was set up by the two groups in 2014 in order to service the Mexican offshore market. Oceanteam held 40 percent which will be taken over by Diavaz. The decision is in line […]
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Business & Finance, Equipment, Project & Tenders
Oceanteam Solutions said it has been awarded extension of subsea cable storage contract with one of Europe’s biggest cable manufacturers. The 6-months extension plus two times 3 months options follows two years of cable storage in Oceanteam’s 1100t carousel at its cable storage facility in Velsen, the Netherlands. This extension is part of a contract […]
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A Norwegian-Dutch offshore service provider, Oceanteam, has announced that the company’s CFO Torbjorn Skulstad will leave the company. Skulstad left on prolonged sick leave back in May. He then in July relinquished his duties due to illness, with Oceanteam’s CEO Haico Halbesma assuming his tasks in his absence. In a statement on Wednesday, Oceanteam said that Skulgad would […]
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Oceanteam has suspended KPMG’s services, the company’s auditor in Norway, over audit costs that were charged for work not performed.
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Oceanteam will be appealing a ruling made by a Norwegian court, ordering the launch of an investigation into the company as requested by its shareholders.
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Oceanteam Shipping has appointed Holger Reurslag, an experienced offshore energy player with a 25-year career in the offshore construction, drilling and production sector, to the role of the Company Captain. As the Company Captain, Reurslag will be responsible for a wide range of managerial tasks, including the management of the vessel’s crew and the execution of quality, health, safety […]
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Offshore support vessel provider Oceanteam has decided to divest its stake in a Mexican joint venture company to its Mexican partner Diavaz.
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Royal IHC, a Dutch supplier of equipment, vessels, and services, is buying Oceanteam’s Dutch-based engineering and consultancy company, KCI the Engineers B.V.
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Business & Finance, Project & Tenders
Oceanteam and Royal IHC have signed a deal under which IHC will acquire all of the outstanding share capital of Oceanteam’s Dutch based KCI the Engineers B.V. The transaction is not subject to regulatory approval. IHC plans to maintain KCI as an independent brand and operating company which will continue to serve external clients whilst also working on […]
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Oceanteam is in the process of filing a formal complaint as it disputes the validity of resignation of KPMG as statutory auditor in Norway. KPMG informed Oceanteam on Thursday that it withdraws its services as statutory auditor in Norway with immediate effect. The announcement comes following the Oceanteam’s suspension of KPMG’s services as its auditor in Norway earlier this month. According to […]
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Business & Finance, Human Capital
The Dutch-Norwegian offshore service provider Oceanteam ASA has appointed Leidus Bosman as Chief Executive Officer (CEO) with effect from 15 October.
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The Norwegian-Dutch offshore service provider Oceanteam ASA has informed its bondholders that the company will defer its interest payments on the Senior unsecured Bond due 24 October. The news comes after Oceanteam started initial talks with banks and largest bondholders last week as part of the planned capital restructuring. The company will continue this process with all its bondholders with the […]
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The Norwegian-Dutch offshore service provider Oceanteam has appointed Bote de Vries as director of the board. De Vries succeeds James Hill who stepped down and who has been a director on Oceanteam’s board since 2012. The appointment was approved by Oceanteam’s shareholders during an EGM on May 9, 2017. Currently, he is also a non-executive board […]
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Oceanteam has posted a moderate loss of USD 0.4 million for the first quarter of 2015. The company also saw revenue fall from USD 15.1 million to USD 14.3 million in this period. Oceanteam is comprised of two operating segments, Oceanteam Shipping, which accounts for 46% of company’s revenue, and Oceanteam Solutions which contributes the […]
