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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 […]

Deep Ocean Refocuses its African activities in Montpellier

To achieve our vision of being the world’s leading subsea services provider, we aim to be the leader in all regions in which we operate. Guided by our vision, we see more opportunity to grow in the Africa region and therefore we have decided to centre our operations from Montpellier, France. By centring our Africa […]

DeepOcean to make Darlington’s Feethams House its new UK HQ in North East England

Employing over 100 specialists in the town, DeepOcean also has a centre of engineering expertise and offshore maintenance facility in Blyth, Northumberland. DeepOcean is highly active in offshore energy markets, particularly oil & gas, offshore wind as well as subsea internet cables. DeepOcean undertakes complete Engineering & Marine works solutions for large subsea cable projects […]

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