Gulf Oil and Gas accountACCOUNT

DeepOcean to Split UK Entity & Create Two New Divisions

Source: www.gulfoilandgas.com 9/8/2019, Location: Europe

DeepOcean Group, (DeepOcean), announces its intent to split DeepOcean UK into two entities, creating DeepOcean Subsea Cables and a new division with a standalone brand for its world-leading seabed intervention and trenching business.

The split and new brand announcement are scheduled to be finalized within 2019. It will see the existing Cable Lay and Trenching division (DeepOcean CL&T) divided into a seabed intervention unit under a new brand and a subsea cable installation specialist; DeepOcean Subsea Cables. Pierre Boyde, Managing Director of DeepOcean CL&T will head the seabed trenching division, headquartered at their world class facilities at Port of Blyth, UK.

Pierre Boyde, said: “This new division will allow, what is already a world leading subsea trenching service to grow by concentrating on delivering exceptional performance from our exceptional vehicles. The move also allows us to meet the demands of our clients by focussing on the delivery of our expanding innovative seabed technology services.”

Steve Marshall, DeepOcean CL&T Operations Director, shall take the role of Managing Director of DeepOcean Subsea Cables and the company will be headquartered in Darlington, UK. DeepOcean Subsea Cables will focus on continuing to deliver cable installation services, and maintenance and repair service, under the Reconnect offering, to the growing offshore energy markets and existing global client base, in the North Sea and beyond.

DeepOcean’s CEO, ?yvind Mikaelsen, said: “DeepOcean is to develop these businesses as standalone units to unlock potential with distinct offerings in an evolving market place, creating value for all stakeholders. We are excited about the future for the new divisions and how they will help DeepOcean Group expand and strengthen its market offering.”

Oil & Gas Companies News in United Kingdom >>

Norway >>  9/26/2019 - Var Energi AS, owned by Eni and HitecVision, has signed an agreement with ExxonMobil to acquire its upstream assets in Norway. The transaction include...
United Kingdom >>  9/26/2019 - TechnipFMC and DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


United Kingdom Oil & Gas 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 | 32 | 33 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.