DEEPOCEAN AWARDED ARRAY CABLE INSTALLATION CONTRACT FOR DONG ENERGY’S HORNSEA PROJECT ONE WIND FARM IN THE NORTH SEA

Offshore work will be undertaken in 2018/2019 with DeepOcean’s in-house fleet of dedicated cable installation and trenching vessels. DeepOcean’s scope is the installation and trenching of 93 array cables. DeepOcean’s Commercial Director for Cables & Trenching Pierre Boyde, said, “After the awards on the Race Bank & Walney Extension projects we are delighted to be […]

DeepOcean raises new equity and gains a new lead shareholder

“This transaction has achieved two key objectives for DeepOcean. Firstly, in Triton we have found a strong and experienced lead shareholder with key competencies in strategy, business development and operational excellence to support the company going forward. Secondly, with the capital raise we have strengthened our balance sheet and improved our liquidity position and outlook. […]