DeepOcean

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DeepOcean
Company typePrivately held company
IndustryOcean services
Founded2011
HeadquartersOslo, Norway,
Norway
Number of locations
Oslo, Haugesund, Aberdeen, Stavanger, Houston, Texas, Ciudad del Carmen, Takoradi, Sète
Area served
Global
Key people
Øyvind Mikaelsen (CEO)
ServicesIMR (Installation, Maintenance & Repair), Subsea Construction, Offshore Renewables, Recycling
Number of employees
1537
ParentDeepOcean Group Holding AS
DivisionsDeepOcean Europe, DeepOcean Africa, DeepOcean Americas, DeepOcean APAC, DeepOcean Middle East
SubsidiariesDelta Subsea, Searov
WebsiteOfficial website

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 1,537 employees project manage and operate a fleet of Vessels, ROV's and subsea Trenchers.[1]

DeepOcean operates mostly in the Oil & Gas and Offshore Renewables industries globally, with offices located around the world.

History

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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.[2]

May 2025, DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. Founded on a robust industrial fit, the acquisition creates a global subsea services player with an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions. [3]

Offices worldwide[4]

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Organisation

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DeepOcean has a Supervisory Board of Directors as well as an Executive Management Team who oversee the daily management of DeepOcean's activities.

Board of Directors:

  • Jo Lunder, Chairman of the Board
  • Terje Askvig, Board member
  • Kristian Diesen, Board member
  • Marc van der Plas, Board member
  • Mike Winkel, Board member
  • Colette Cohen, Board member

Executive Management:

  • Øyvind Mikaelsen, CEO
  • Frode Garlid, CFO
  • Ottar K Mæland, COO
  • Stephane Abergel, CCO

References

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  1. ^ "Investor relations". www.deepoceangroup.com. Retrieved 18 June 2025.
  2. ^ "DeepOcean Acquires Engineering Firm Installit". www.rigzone.com. Retrieved 8 April 2022.
  3. ^ "DeepOcean acquires Shelf Subsea to create a global subsea player". www.deepoceangroup.com. Retrieved 18 June 2025.
  4. ^ "Contact". www.deepoceangroup.com. Retrieved 8 July 2025.


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