30 October 2017

OCEANTEAM ASA - CONFIRMATION INTERIM REPORT 2017 IS IN ACCORDANCE WITH CURRENTLY APPLICABLE STANDARDS

The Board of Oceanteam ASA, the Dutch-Norwegian based offshore service provider Oceanteam ASA ("Oceanteam" or "Company") would like to announce the following regarding the Company's 2017 interim report:

We confirm that, to the best of our knowledge, the financial statements for the period 1 January to 30 June 2017 have been prepared in accordance with the currently applicable accounting standards, and give a true and fair view of the assets, liabilities, financial positions and profit or loss of the Company and the corporate group taken as a whole. We also confirm that the Board of Directors` Report includes a true and fair view of the development and performance of the business and the position of the Company and the group, together with a description of the principal risks and uncertainties the Company and the group are facing.

Bergen / Norway, 30 October 2017
The Board of Directors 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. 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.