Oceanteam ASA is a diversified offshore service provider. The group has two segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Solutions consists of 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. The Oceanteam Solutions segment earns maximum revenue for the company. The company's business is spread across the Far East and Australia which accounts for most of its business, Europe, and South America.