Combifloat enters the offshore cable market
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.”