DeepOcean Acquires Shelf Subsea to Create a Global Subsea Player
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- Source
- ROVplanet.com
DeepOcean, a prominent ocean services provider, has announced its acquisition of Shelf Subsea, an independent subsea services company well-established in the eastern hemisphere. This strategic move, finalized recently, aims to enhance DeepOcean's global presence in the subsea services market by expanding its operational reach into the Asia-Pacific and Middle East regions. The acquisition is driven by a strong industrial fit between the two companies, allowing for a more comprehensive portfolio of solutions to meet the growing demands of the subsea industry. With this merger, DeepOcean positions itself as a significant player in the global subsea services sector, poised to leverage its expanded capabilities to better serve clients worldwide.
Original report
DeepOcean Acquires Shelf Subsea to Create a Global Subsea Player
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