ESS Technology Nets Another Patent Award

Ecosse Subsea Systems Ltd. are delighted to announce the award of patents for their SUST plough technology.

McDermott to Take Ownership of North Ocean 105 in June

Norwegian-Dutch offshore service provider Oceanteam said it has received the written notice from its joint venture ...

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Oceanteam Secures Majority Nod to Refinance Its Bond Loan

Norwegian-Dutch offshore service provider  said it has reached an agreement with a qualified majority of its bond ...

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Oceanteam Cuts Loss

Oslo-listed Oceanteam has booked net loss of some $3 million for the forth quarter of 2016. This result compares ...

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Oceanteam – McDermott Agree Vessel Sale

Oceanteam said that its joint venture partner McDermott will exercise its option to purchase Oceanteam’s ...

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Oceanteam Strikes Deal with Bond Holders

Norwegian-Dutch offshore service provider, Oceanteam, said it has reached an understanding with its bond holders on ...

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Oceanteam Secures Another Turntables Contract

Oceanteam Solutions has won a contract for engineering and supplying a 4000T and a 2000T turntable for the ...

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DOT Radiance Puts Off Newbuild Charter

DOT Radiance, a joint venture between DOT Shipping and Pacific Radiance, has agreed with the charterer to delay ...

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Oceanteam Narrows Loss

Oslo-listed Oceanteam has booked net loss of some $600K for the third quarter ended September 30, 2016. This result ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 17 – ...

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Oceanteam Defaults on Interest Payments

Oceanteam informed that it will not meet its interest payments on the senior unsecured bond due on Monday, October ...

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Oceanteam Brings in Interim CFO

Oceanteam said it has appointed Wilhelm Bøhn as the company’s interim chief financial officer. Bøhn (48) will ...

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Oceanteam Looks for Restructuring Options

Norwegian-Dutch offshore service provider Oceanteam said it is in the process of developing a restructuring plan in ...

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Oceanteam Secures Cable Storage Contract

Oceanteam Solutions has been awarded a long-term contract to supply an Offshore Transmission Owner (OFTO) with port ...

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Oceanteam Names New Company Captain

Oceanteam Shipping recently welcomed Holger Reurslag as company captain, with 25 years experience in the offshore ...

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Oceanteam CEO Steps in as CFO Resigns over Health Concerns

Oceanteam, the Oslo listed offshore service provider, announced that CEO Haico Halbesma is assuming the tasks of ...

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Oceanteam Nets Turntables Deal

Oceanteam Solutions has been awarded a contract to supply 4000T and 1100T turntables and auxiliary equipment for ...

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Oceanteam Wins Turntable Contract

Oceanteam Solutions has been awarded a contract to supply a cable manufacturer demountable turntables and auxiliary ...

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Red Ink for Oceanteam

Norway-based Oceanteam has booked net loss of $2.9 million for the fourth quarter ended December 31, 2015. The ...

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Oceanteam Acquires Oceanwind

Oceanteam Shipping has acquired the remaining 48% stake in OCEANWIND BV and is now the sole owner of Oceanwind ...

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Oceanteam’s Subsidiary DOT Holdings Secures ...

Oceanteam Shipping ASA announced that it has secured, through its joint venture DOT Holdings AS, an interest in a ...

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Oceanteam Releases Second Quarter Results

Oceanteam Shipping ASA saw, with its early focus on Mexico, a long term strategy confirmed. Its newly founded DOT ...

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