Rotterdam, 11 January 2023 – Combifloat recently concluded the acquisition of Oceanteam Solutions, creating an entry into the offshore cable handling and logistics solutions market. This acquisition enables Combifloat to further enhance its portfolio with an additional brand, offering a broader set of equipment and services dedicated to the offshore renewable and subsea oil & gas market.
“The offshore cable demand is continuously increasing. The cable handling and logistic solutions market is gearing up for further growth and Combifloat is keen to provide carousels and dedicated equipment for this industry. By applying our unique business model, in particular leveraging our global reach and capital deployment, Combifloat will play a very active role in shaping the future of the offshore cable market.” According to Jaap-Jan Pietersen, Managing Director of Combifloat.
Combifloat will rejuvenate Oceanteam Solutions, which has been active in the transportation, storage, and handling of power cables and umbilicals for the offshore energy industry since 2007.
Equipment and services
Oceanteam Solutions currently owns six carousels and ancillary equipment and has its deep-water port and offshore base in Velsen-Noord, the Netherlands.
As part of Combifloat’s strategic entry into the offshore cable market, investment and restructuring plans are being made to further support the industry with tailored equipment and flexible solutions globally.
Oceanteam Solutions has the equipment and project experience to manage projects that involve operational complexity both in the mature North Sea market as well as in new emerging offshore wind markets in North America, the Middle East and the Far East.
Solutions and services
- Project management and operations
- Design, engineering, and fabrication of carousels and supporting equipment
- Rental of carousels and other ancillary equipment
- Cable storage at its offshore bases
- Cable transport and logistic support