DeepOcean Buys Delta SubSea to Expand US Presence

DeepOcean has acquired Delta SubSea and expanded its presence into the US Gulf of Mexico.

Delta SubSea is the provider of inspection maintenance and repair (IMR) and light construction services with a strong focus on the US Gulf of Mexico (GoM), with international operations such as West Africa, Trinidad & Tobago and Guyana.

The company owns and operates ten Schilling manufactured remotely operated vehicles (ROVs) from its operating base in Montgomery, Texas.

This acquisition will allow DeepOcean to expand its current operations in the Mexican segment of the GoM into the US segment of the GoM. Delta SubSea will also be DeepOcean’s vehicle for offshore renewables projects in US waters, the company noted.

We are excited that Delta SubSea’s President Scott Dingman and the Delta organisation have decided to join DeepOcean. Scott will play a key role in DeepOcean’s GoM activities,” said Ottar K. Mæland, DeepOcean’s interim CEO.

Scott Dingman, president of Delta SubSea added, “I view this as a great opportunity to continue to build on the successes of Delta SubSea and DeepOcean. Going forward we will be able to offer our clients a broader set of comprehensive engineering and subsea services in a significantly broader geographic context. Delta SubSea’s track record and experience will be complemented by DeepOcean’s experience in SURF, trenching and power cable installation, larger scale projects, project management and engineering capabilities. It is a very exciting time at Delta for all of us and we are looking forward to the expanded services that this acquisition allows Delta SubSea to offer to our clients.”

The parties have agreed not to disclose the purchase price.

Share this article

Follow Subsea World News

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

ICOE – International Conference on Ocean Energy 2018

The International Conference on Ocean Energy (ICOE) is a global marine energy event focused on the industrial development of ocean energy…

read more >

Deep Sea Mining Summit 2018

The Deep Sea Mining Summit 2018 will bring together a large array of solution providers…

read more >

25th Anniversary International Caspian Oil & Gas Conference

In 2018, the largest oil and gas event in the Caspian Region – the Caspian Oil & Gas Exhibition and Conference Incorporating Refining…

read more >

OFFSHORE WIND – SUBSEA CHALLENGES AND OPPORTUNITIES

This event is organsied in collaboration with Norwegian Energy Partners, Norwegian Offshore Wind Cluster and Sparebanken Vest…

read more >