OCEANTEAM ASA - Dutch Jos van Dijk appointed Group Chief Financial Officer (CFO)

PRESS RELEASE
Amsterdam, Bergen - 25 September 2017

Per 1 October 2017, Mr. J. van Dijk (1969) has been appointed Group Chief
Financial Officer (CFO) of Oceanteam ("the Company"), the Norwegian-Dutch
offshore service provider listed at the Oslo stock exchange. Van Dijk, a
seasoned financial executive, brings in all relevant international offshore,
maritime and civil engineering related experiences, including leadership
capabilities that the Company is in need for after a rocky, but successful,
financial restructuring that was closed last June 2017.

The appointment of Mr. Van Dijk follows the leave of former CFO Torbjorn
Skulstad in November 2016, and the suspension of interim CFO Wilhelm Bohn in
July 2017. As a Group CFO Van Dijk will have a direct report to non-executive
director Diederik Legger who was appointed in July 2017 representing Oceanteam's
bondholders and owning the Finance portfolio within the Board.

"Now we are recovering from the burden of the financial restructuring that we
closed in June 2017, the mismanagement of our former two CFO's and the time
consuming and intensive discussions with our bondholders and shareholders, our
new Group CFO can start building upon a new financial foundation that we have
created for a promising future of our Company. And thus for our shareholders,
staff, clients and suppliers", says CEO Haico Halbesma.

"It is key that Van Dijk will focus on a two-fold mission. His first set of
priorities is a) to keep Oceanteam aligned and in compliance with current
governance and reporting standards, b) to further professionalize internal
reporting structures including those that are in place with our joint venture
partners, and c) to strictly monitor our recurring cost savings program called
CHALLENGER of which our recently launched procurement code of conduct is part
of. His second set of priorities is to work closely with the board in order to
sustain the constructive relationships we have with our banks, investors and the
relevant financial authorities in Norway, the Netherlands, Singapore and
Mexico."

Before joining Oceanteam, Jos van Dijk CMA CFM (Dutch nationality) held several
CFO and other senior financial positions with leading Dutch companies, among
others at Mammoet (heavy transport and logistics; 2014-to date), at ADVIN/ Dura
Vermeer (civil engineering; 2011-2014) and  at Heerema Marine Contractors (oil
and gas; 2008-2011). He holds degrees from Erasmus University Rotterdam (Master
of Business Economics), University of Amsterdam (CMA, CFM, IFRS), Nyenrode
Business University (advanced management program) and Lausanne (CH) based IMD
(International Institute for Management Development).

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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 ten 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.