Oceanteam ASA is a diversified offshore service provider. The group has two segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Solutions consists of an engineering and equipment business and Oceanteam shipping provides high-quality support to offshore contractors all over the world through its fleet of large and advanced offshore vessels. Oceanteam shipping generates the majority of the revenue. The company's business is spread across the Far East and Australia and Europe. The Far East and Australia segment contribute to the majority of the revenue.