DeepOcean is an Oslo, Norway - based company which provides subsea services to the global offshore industries such as Inspection Maintenance and Repair (IMR), Subsea Construction, Cable Lay, and Subsea Trenching. Its 1,100 employees project manage and operate a fleet of Vessels, ROV's and subsea Trenchers.[citation needed]
DeepOcean operates mostly in the Oil & Gas and Offshore Renewables industries globally, with offices located around the world.
History
DeepOcean Group Holding (DeepOcean) was established in May 2011.
DeepOcean offers the following three main service lines: (i) Inspection, Maintenance and Repair (IMR) and subsea construction, (ii) Seabed Intervention (incl. trenching), and (iii) Cable Installation, servicing the Global Offshore Energy industry from inception to decommissioning.
DO 1 UK Ltd., formerly known as CTC Marine Projects Ltd., was established in 1993. Its initial core business was the provision of fibre optic cable lay and seabed intervention solutions for the global telecommunication market. Later, the company diversified and added cable lay and trenching services for the oil & gas, offshore renewables and interconnectors industries.
DeepOcean AS was established in 1999.
Late 2016 Funds advised by Triton became the largest shareholder of DeepOcean. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Northern Europe, Italy and Spain.
In April 2022, it was announced that DeepOcean had acquired the Norwegian engineering and technology company, Installit AS and its subsidiaries.[1]
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