Combifloat enters the offshore cable market

4C Offshore | Tom Russell
By: Tom Russell 11/01/2023 Combifloat
Combifloat recently concluded the acquisition of Oceanteam Solutions in an effort to make entry into the offshore cable handling and logistics solutions market. According to Combifloat, the acquisition will enhance its portfolio with an additional brand, offering a broader set of equipment and services dedicated to the offshore renewable and subsea oil & gas markets.

Combifloat aims to 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. It currently owns six carousels and ancillary equipment and has its deep-water port and offshore base in Velsen-Noord, the Netherlands. Plans are being made to further support the industry with tailored equipment and flexible solutions.

Oceanteam Solutions offers project management services, carousels and ancillary equipment rental, cable storage and transport support at its offshore bases. The company also provides design, engineering, and fabrication of carousels and supporting equipment.

According to Jaap-Jan Pietersen, Managing Director of Combifloat: “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 its global reach and capital deployment, Combifloat will play a very active role in shaping the future of the offshore cable market.”