DeepOcean to Charter the Havila Phoenix and create the Ultimate Trenching Spread

An advanced, 3200 Horse Power, track based machine, equipped with a high sea state handling system, will be at the heart of the new vessel. This vehicle will be capable of working in a combination of mechanical cutting and jetting modes, offering a step change in burial capability for all sectors of the subsea energy […]

DeepOcean Group Secures Deep Water Project for Statoil

DeepOcean will mobilise a number of vehicles from its world-class fleet including the MD3 Cable Plough and the CMR4 trenching Remotely Operated Vehicle (ROV). Installation is due to take place in Q2 2014 from the Maersk Recorder. Tony Inglis, DeepOcean UK Managing Director, states “This project brings together a number of our key assets and […]

DEEPOCEAN GROUP SECURES A NEW €125 MILLION CREDIT FACILITY

“We are pleased with the successful completion of this senior credit facility. The new revolver heightens our liquidity position and financial flexibility, further strengthening the Group’s balance sheet and enhancing our ability to invest in selected growth opportunities,” said Frank Eggink, DeepOcean Group CFO. “This level of commitment from high calibre financial institutions subscribing to […]