Oceanteam’s presentation at the Pareto Securities’ Oil & Offshore Conference in Oslo

Oceanteam’s presentation at the Pareto Securities’ Oil & Offshore Conference in Oslo

Highlights of the Company & Market Outlook

OceanteamSolutions secured a EUR 15 million revolving term loan facility

    Increased revenue, replacement of North Ocean 102 contribution completed with improved performance of the Solutions segment
    Repaid USD 35 million in bond debt as part of deleverage strategy to strengthen balance sheet
    New large CSV named Tampamachoco1 due for delivery end 2016 for long-term contract in Mexico
    CSV Tampamachoco1 secured post-delivery finance
    Acquisition of remaining shares in OceanWindBV to expand services offered in changing market

Full Presentation: Oceanteam’s presentation at the Pareto Securities’ Oil & Offshore Conference

Source: www.oceanteam.no

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