OCEANTEAM ASA - BOTE DE VRIES APPOINTED AS NON-EXECUTIVE DIRECTOR

Mr. B. (Bote) de Vries (1958) has been appointed as Director of the Board of
Oceanteam ("the Company"), the Norwegian-Dutch offshore service provider listed
at the Oslo stock exchange. Mr. de Vries succeeds Mr. James Hill who stepped
down and who has been a Director on Oceanteam's Board since 2012.

The appointment of Mr. De Vries was approved by Oceanteam's shareholders during
an EGM on 9 May 2017. Mr. De Vries, working as an independent consultant for
Finamar BV, has a vast experience in the financial sector and offshore-related
industry. He holds a Master's degree in Law from the University of Leiden (The
Netherlands). Currently, he is also a non-executive board member of Artilium
(London, UK) and of Lloyds Fonds AG (Hamburg, FRG) as well as a board member of
Golden Close (Bermuda) and North Atlantic Drilling Limited (Bermuda). Mr. de
Vries does not hold any shares in the Company, directly or indirectly.

Oceanteam's CEO Haico Halbesma says: "Mr. De Vries was presented to us by our
bondholders. His appointment was one of the conditional terms the bondholders
imposed in order to come to a final deal regarding the new bond loan agreement
that was approved by a majority of them at the end of April 2017. We look
forward to working with him. And at the same time we welcome Mr. de Vries as a
Director, we say goodbye to Mr. James Hill who has contributed a great deal to
the strategic direction Oceanteam has taken and the course it has kept under
very severe market circumstances during the past years. We owe him a lot in this
respect."



Per 15 May 2017, the Oceanteam Board of directors consists of the following
members:

·           Mr. Hessel Halbesma -chairman

·           Ms. Catharina Pos -director

·           Mr. Bote de Vries  -director



Also read:

"Minutes from Extraordinary General Meeting and appointment of new director of
the Board"

"Oceanteam reaches agreement with majority of bondholders on refinancing of bond
loan agreement"



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. Oceanteam ASA has been
active in the industry as an offshore solutions provider for over twelve years.

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


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