Norway-based DeepOcean has expanded its presence into the US Gulf of Mexico (GOM) with the acquisition of Delta SubSea, for undisclosed amount.
Delta SubSea is engaged in providing inspection maintenance and repair (IMR) and light construction services with focus on the US Gulf of Mexico.
The company owns and operates ten Schilling-manufactured remote operated vehicles (ROVs) from its operating base in Texas.
DeepOcean interim CEO Ottar Mæland said: “We are excited that Delta SubSea’s President Scott Dingman and the Delta organization have decided to join DeepOcean. Scott will play a key role in DeepOcean’s GOM activities.”
DeepOcean said that the US Gulf of Mexico is a key region for the firm and that owning and expanding a platform for the provision of life-of-field subsea services is one of its main strategic objectives.
The deal is expected to expand DeepOcean’s current operations in the Mexican segment of the Gulf of Mexico into the US segment of the Gulf of Mexico.
Additionally, Delta SubSea will also be DeepOcean’s vehicle for offshore renewables projects in US waters, DeepOcean said.
Delta SubSea president Scott Dingman said: “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.”
Delta SubSea’s entire ROV fleet is mobilized on a fleet of six subsea construction vessels of which four are Jones Act complaint.
The firm has an engineering and consulting division as well as an in-house subsea tooling solutions division that provides innovative and fit for purpose tooling solutions to support its customers.