OCEANTEAM SHIPPING ASA - COMPLETED CORPORATE NAME CHANGE TO OCEANTEAM ASA

Oceanteam Shipping ASA announces the completion of the official registration in
the Brønnøysund Register of its name change to Oceanteam ASA.

About Oceanteam ASA

The Company is comprised of two operating segments, Oceanteam Shipping and
Oceanteam Solutions. Oceanteam Shipping owns, charters and manages deep-water
offshore support vessels and fast support vessels. Oceanteam Solutions focus is
to provide its clients with complete offshore solutions. This year, Oceanteam
ASA is having its ten year anniversary, celebrating a decade of offshore
solutions.

For more information: www.oceanteam.no

For further information about Oceanteam ASA please contact:

CEO Haico Halbesma: +31 20 53 57 570, haico@oceanteam.no

CFO Torbjørn Skulstad: +47 55 10 82 40, torbjorn@oceanteam.no


This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



[HUG#1977026]