“DeepOcean are one of three SCIRM contractors, providing structural and pipeline inspection services together with ad-hoc SCIRM services, in the UK and Norway. DeepOcean should be recognised for a significant improvement in their safety performance. Through the implementation of a Safety Improvement Plan during 2012, improvements have been achieved in the areas of Lifting Safety, […]
Simon joins DeepOcean from GSP Offshore, where he was also Director of Operations. With over 20 years’ experience in the Oil & Gas sector, Simon brings a wealth of operational, projects and management experience and is a Chartered Manager and Fellow of the CMI Prior to GSP Offshore, Simon held executive and senior positions with […]
The main terms of the amendment are (i) extension of original maturity date with two years to February 2018, (ii) postponement of commencement of term loan amortization until February 2016 and (iii) an increase of €15 million in the ancillary facility for guarantees to €30 million. DeepOcean’s cost of borrowing under the Facility remains unchanged. […]