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DEEPOCEAN SIGNS AGREEMENT TO ACQUIRE MAJORITY STAKE IN ADEPTH MINERALS

“With this investment into a world-class team and an exciting new industry, DeepOcean is progressing its evolution into a world-leading ocean services provider. Alongside our continued core service segment of oil & gas and our increasing exposure to offshore renewables, deep sea minerals is an additional area where we see great potential for DeepOcean. By […]

DEEPOCEAN CONTINUES MARCH TOWARDS NET-ZERO EMISSIONS

As part of DeepOcean’s strategy to be the market leader in low carbon operations, an agreement has been signed with Solstad Offshore to collaborate on CO2 reducing measures through use of low emissions technology and alternative fuels. As part of this agreement, the CSV Normand Ocean will be retrofitted with hybrid battery technology and shore […]

Completed wind-down of DeepOcean’s UK Cable Lay & Trenching business

Oslo, 26 January 2020: DeepOcean today confirms that the restructuring and wind-down process of its UK Cable Lay & Trenching business, announced on November 18 2020, has been successfully completed. Through the completion of the wind-down and with further secured long-term financing from its lenders and owners, DeepOcean is now on a sound financial footing […]

DEEPOCEAN LAUNCHES RESTRUCTURING PROCESS FOR ITS CABLE LAYING AND TRENCHING BUSINESS

Darlington, 18 November 2020: DeepOcean, one of the leading providers of subsea services to global offshore industries, announces that it has today commenced a restructuring process in relation to three UK subsidiaries in its Cable Laying and Trenching business (the “CL&T Group”), which will enable the CL&T Group to be wound down on a solvent […]

DEEPOCEAN AWARDED CONTRACT BY REPSOL FOR YME BETA NORTH TIE-BACK

The award to DeepOcean covers project management, engineering, construction and offshore installation activities. The offshore work includes marine operations for installation and tie-in of Subsea spools, flying leads and installation of Subsea Structures at the YME Beta North field. Preparations for start of production for the YME Beta North tie-back are also included in the […]

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