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Market outlook


Market outlook
The oil and gas market is characterised by volatility. Although the long-term fundamentals of markets and regions continue to be strong, the short and medium outlooks remain uncertain. This implies a stronger focus on the growing offshore renewables market. Offshore wind has significant generation potential in Europe with more and more large sites. The demand for services related to offshore wind is increasing and Oceanteam Solutions has received an increased number of requests for tenders. By focusing on cost reductions, we have also identified an increased demand for innovative and cost effective solutions.
More than 91 percent of all offshore wind installations can be found in European waters. However, governments elsewhere have set ambitious targets for offshore wind farms and development is starting to take off in China, Japan, South Korea, Taiwan and the US. Oceanteam Solutions is increasing its worldwide cable transport, handling and storage services to meet these targets.
Oceanteam Solutions operates in stable countries. It has strong local partners and a diverse client base. The flexible and scalable business model helps Oceanteam weather dynamics in the marketplace.  
 

Solutions extends cable storage contract with one of Europe’s biggest cable manufacturer

Apr 20 2018 In 2017, Oceanteam Solutions was awarded a long-term contract to supply its client with port facilities, loadouts and storage of cables at Oceanteam’s own cable storage facility in Velsen Noord, The Netherlands. The 4-months extension follows a smooth cable transpooling from the client’s cable lay vessel to Oceanteam’s own cable...

Solutions getting ready for client’s fourth cable loadout

Apr 19 2018 Following three successful cable loadouts, Oceanteam Solutions, in cooperation with Blue Offshore, are in preparation for another loadout starting this Friday. Oceanteam and Blue Offshore will line-up a professional cable handling crew that are going to assist the client during the loadout. The entire spread - a barge equipped with a turntable that can hold...

Solutions starts mobilising 4000t and 2000t turntable cable lay spread for client

Mar 12 2018 The mobilization is part of a recently signed contract extension for the supply of additional equipment and engineering services. The 2000t turntable lay spread will be mobilised on client’s cable lay barge that already has an Oceanteam Solutions’ 4000t turntable lay spread mounted on deck. Upon arrival of the 2000t turntable by...
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