DeepOcean Acquisition of Shelf Subsea
Sector: Oil and Gas
Source: World Oil
DeepOcean, an ocean services provider, has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. This acquisition creates a global subsea services player with an extensive portfolio of solutions covering the Asia-Pacific and Middle East regions. The combined group will have approximately 1,800 employees and generate more than USD 1 bill
- Status
- Closed
- Sector
- Oil and Gas
- Updated
- 22 Jul 2026
- Source
- World Oil
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Project Information
Participants
Company |
Status
Original status | Completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | DeepOcean, an ocean services provider, has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. This acquisition creates a global subsea services player with an extensive portfolio of solutions covering the Asia-Pacific and Middle East regions. The combined group will have approximately 1,800 employees and generate more than USD 1 billion in revenue. Shelf Subsea will be integrated into DeepOcean as the business region DeepOcean APAC. |
Original sector | Offshore |
Location
| Not available for this record. |
Source
Source | World Oil |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-05-25 |
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