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DeepOcean acquires Shelf Subsea to expand APAC reach

DeepOcean acquires Shelf Subsea to expand APAC reach

05/22/25, 9:23 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/NO.svgoslo
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgperth
Industry
oil and gas
energy
oil and gas
DeepOcean has successfully acquired Shelf Subsea, enhancing its position in the global subsea services market. This transaction expands DeepOcean's operational footprint into the Asia-Pacific and Middle East regions. The merged entity will leverage the strengths of both companies, combining their expertise and resources to serve customers worldwide. The acquisition adds approximately 200 employees from Shelf Subsea to DeepOcean's workforce.

Company Info

Company
DeepOcean
Location
Oslo, Oslo, Norway
Company info
Norway-based ocean services provider DeepOcean has expanded its several years of work for oil and gas company Vår Energi with a new contract set to be performed next year.

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