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Oceanteam ASA M&A Activity 2021

Apr 27, 2021

3699_rns_2021-04-27_7fac1588-e6fc-4af5-9379-9653387445be.html

M&A Activity

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Oceanteam ASA: Completion of Sale of CSV Southern Ocean

Oceanteam ASA: Completion of Sale of CSV Southern Ocean

Further to Oceanteam ASA’s announcement dated 26 March 2021 regarding the sale of CSV Southern Ocean by Oceanteam Bourbon 4 AS, a joint venture company of Oceanteam ASA and Bourbon Offshore Norway AS, the vessel sale transaction has been completed.

About Oceanteam ASA

The Company is comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water offshore support vessels. Oceanteam Solutions' focus is to provide its clients with complete offshore solutions. Oceanteam ASA has been active in the industry as an offshore solutions provider for over fourteen years.

For further information about Oceanteam ASA please visit www.oceanteam.no or contact:

Henk van den IJssel, CEO, e-mail: [email protected]

Telephone +31 20 535 75 70