Presentation

DeepOcean is an integrated provider of subsea services that serves the offshore renewables, offshore oil & gas, and ocean solutions markets. They provide i) Survey, ii) Engineering, project management and installation, iii) Maintenance and repair, and (iv) recycling services and thereby supporting its clients through the full asset lifecycle. DeepOcean was listed on Oslo Stock Exchange from 2005 to 2008 but is now privately held. The private equity fund manager Triton became the largest shareholder in 2016.

The company’s roots date back to 1999 with the establishment of the Norwegian subsea service company DeepOcean AS, that later expanded through international acquisitions including the French ROV service company Searov, operating in Europe and Africa, in 2017, and the USA based ROV and tooling service company Delta Subsea in 2018. In July 2021, it was announced that DeepOcean has agreed to invest in deep sea minerals through acquisition of a majority stake of ADEPTH Minerals AS.

The company has an experienced team and access to modern equipment including more than 50 ROVs and 12 subsea intervention assets and operates a fleet of 11 vessels (mainly chartered in). The company has offices in Norway, UK, US, Mexico, Ghana, Congo, and France.