DeepOcean Group Holding AS Aligns all Divisions under the Brand DeepOcean

CTC Marine Projects, Trico Offshore and DeepOcean become one Darlington, April 30, 2012 --- CTC Marine Projects Ltd., Trico Offshore Ltd. and Deep Ocean AS, all subsidiaries of DeepOcean Group Holding AS, today announced that they are rebranding and changing name to DeepOcean.

“The move is more than a name change,” says DeepOcean Group CEO Bart Heijermans. “We will operate as one company offering our customers a unique integrated suite of subsea services”.

“There are few companies in the offshore industry that perform survey, ROV, trenching and marine operations to the extent that DeepOcean does and even fewer companies have the extensive project management and engineering capabilities to plan and support the offshore operations”.

As the company launches its new brand, it will also look to build upon its current number of employees across the group including both onshore and offshore positions.

About Deep Ocean Group
DeepOcean is an integrated provider of safe, high quality, innovative services and technologies for the subsea industry. Demonstrating an extensive track record, DeepOcean offers a breadth of subsea services including Survey and Seabed-mapping, Subsea Installation, Seabed Intervention, Inspection, Maintenance and Repair (IMR), and Decommissioning.

This strong portfolio of services, coupled with a fleet of owned and controlled specialised equipment and multi-purpose support spreads, enables DeepOcean to bundle its subsea services to deliver cost-effective, tailored solutions to meet individual client needs.

DeepOcean strives for relentless customer focus and operational excellence, which is supported by a global team of highly professional and experienced project teams. The company delivers innovative engineering solutions and turnkey project management for complex offshore operations.

The company is a leading IMR contractor and trenching operator in Norway and the North Sea and has a global presence with offices in Norway, UK, the Netherlands, Brazil, Mexico and Singapore.