DeepOcean Company News

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DeepOcean to Split UK Business into Two Units
Monday, September 09, 2019 DeepOcean will split its UK business into two separate companies, with one being a new standalone brand.

DeepOcean Awarded Petrobras Contract
Monday, January 16, 2012 DeepOcean announced the award of a two year contract from Petrobras.

DeepOcean Board Recommends Trico Buyout Offer
Tuesday, June 24, 2008 The Board of DeepOcean has recommended that shareholders agree to the buyout terms offered by Trico Shipping, which include an offer price of NOK 32.00 per share.

Trico Buys Up DOF's Shares of DeepOcean
Friday, June 13, 2008 Trico Marine Services, Inc. announced that it had entered into a share purchase agreement, through its subsidiary Trico Shipping, with DOF ASA for the purchase of all of DOF's 35,220,000 shares of DeepOcean ASA at NOK 32 per Share.

Skaleskog Resigns as CFO of DeepOcean, Framnes Appointed
Tuesday, May 27, 2008 Of his own request, Gerhard Skaleskog leaves the position as CFO in DeepOcean ASA, effective on June 1. Skaleskog has held the position since the foundation of DeepOcean in 1999.

DeepOcean Board Recommends Trico Offer
Friday, May 16, 2008 Trico Marine Services, Inc. and DeepOcean ASA announce that Trico, through its fully owned subsidiary Trico Shipping AS, has entered into agreements to acquire 55,728,955 shares in DeepOcean.

TSMarine Cancels Charter with DeepOcean
Thursday, May 15, 2008 DeepOcean has received a cancellation from TSMarine of the one year charter of the Normand Flower. According to TSMarine the reason for cancellation is that DeepOcean refuses to operate the vessel in the OYO-field of Nigeria.

DeepOcean Receives LoA from ConocoPhillips
Thursday, February 21, 2008 DeepOcean ASA has been awarded a Letter of Agreement (LOA) from ConocoPhilips Skandinavia AS (ConocoPhilips) for performance of unmanned Subsea Construction work and Pre-Route Survey at the Ekofisk area in the North Sea.

DeepOcean Inks NOK 800M LOI with StatoilHydro for Subsea Services
Wednesday, January 30, 2008 DeepOcean has received a letter of intent from StatoilHydro for delivery of Subsea IMR Services using the newbuild vessel Edda Flora. The new contract will commence in May 2008 and continue until December 2011 with further 3 years optional periods.

DeepOcean Charters Vroon Offshore Vessel
Friday, December 28, 2007 The vessel will be outfitted with multibeam echosounders and a ROV system to perform route survey and seabed mapping tasks plus general lay support to clients with projects in the southern part of the North Sea, the Baltic Sea and the Mediterranean.

DeepOcean to Purchase Arbol Grande for EUR 28.75 Million
Friday, December 21, 2007 DeepOcean subsidiary DeepOcean Shipping has notified the owner of the multipurpose support vessel Arbol Grande its intention to exercise the option to purchase the vessel at a price of EUR 28.75 million.

DOF Acquires Large Interest in DeepOcean
Friday, December 14, 2007 DeepOcean board and management have been informed that DOF has acquired or received pre-acceptances or commitments for an ownership stake of 39.75% in the company.

DeepOcean Wins More Work from StatoilHydro
Monday, December 10, 2007 DeepOcean has been awarded more work under its Inspection, Maintenance and Repair (IMR) frame agreement with StatoilHydro.

TSMarine and DeepOcean Mutually Agree to Terminate Contract
Thursday, November 29, 2007 A contract between TSMarine (Contracting) Ltd and DeepOcean ASA for work off the coast of India has been terminated by mutual consent.

DeepOcean Receives LOI from ConocoPhillips
Thursday, November 29, 2007 DeepOcean ASA's subsidiary CTC Marine Projects Ltd. has received a Letter of Intent from ConocoPhillips for work on the Ekofisk Life of Field Seismic Test Cable project.

DeepOcean, Reliance End Negotiations for Support Vessel
Wednesday, November 28, 2007 Since receiving a letter of award from Reliance Industries in August, DeepOcean has been involved in ongoing negotiations to finalize a contract for a multi-purpose subsea support vessel and associated services.

DeepOcean Subsidiary Extends 4 Maersk Vessel Contracts
Tuesday, November 06, 2007 DeepOcean's subsidiary CTC Marine Projects Ltd., has successfully negotiated extensions to its charter agreements with the AP Moller-Maersk Group for the four DP2 class multi-role vessels in its fleet.

DeepOcean Subsidiary Extends 4 Maersk Vessel Contracts
Wednesday, October 24, 2007 CTC Marine has successfully negotiated extensions to its charter agreements with the AP Moller-Maersk Group for four DP2 class multi-role vessels.

Deep Ocean Names Newest Support Vessel
Wednesday, September 12, 2007 DeepOcean's new build vessel, the Cygnus, which is being built in partnership with Volstad Maritime is due to be launched in early 2009.

DeepOcean Wins Pipeline Inspection Contract in Spain
Monday, August 20, 2007 DeepOcean ASA has been awarded a Letter of Intent from Enagas S.A. (Spain) to perform ROV offshore pipeline inspection of two gas pipelines in the Straits of Gibraltar between Morocco and Spain.

DeepOcean Goes to Work for Diavaz Offshore Mexico
Thursday, August 16, 2007 DeepOcean has been awarded a new contract from the contractor Constructora Subacuatica Diavaz S.A. de C.V. in the Gulf of Mexico for the charter of MPSV Aquanaut for 180 days from October 10, 2007 until April 7, 2008.

TSMarine Puts the Rem Etive to Work Offshore India
Tuesday, August 14, 2007 TSMarine (Contracting) Ltd's newest offshore support vessel, the Rem Etive, has been contracted to work in Mumbai as part of a US$100 million deal with DeepOcean ASA.

DeepOcean to Provide ROV Services to TSMarine
Monday, August 13, 2007 DeepOcean has received a Letter of Award from TSMarine (Contracting) Ltd. of Aberdeen for the provision of Normand Flower, two ROV systems and personnel.

DeepOcean Wins Reliance Contract
Tuesday, August 07, 2007 DeepOcean has received a three year contract from Reliance Industries for the provision of a Multi-Purpose Subsea Support Vessel and associated services.

CTC Marine to Build Ultimate Rock Trencher
Tuesday, July 31, 2007 CTC Marine Projects is building the world's largest and most powerful rock trenching vehicle. The RT-1 'Rock Trencher' will set a new standard in subsea trenching.

DeepOcean to Build New Construction Vessel
Monday, July 23, 2007 DeepOcean has entered into an agreement with Volstad Maritime for a newbuild 120 meter ST-256L-designed construction vessel, to be launched in March 2009.

DeepOcean Wins North Sea Contract from Shell
Monday, July 16, 2007 DeepOcean ASA's subsidiary CTC Marine Projects, has been awarded a contract by Shell for a project relating to the Curlew oil field in the North Sea.

CTC Marine Names Newbuild
Wednesday, July 11, 2007 DeepOcean ASA's subsidiary CTC Marine Projects, has released the name of its new build DP2 class vessel, due to be launched in 2007.

DeepOcean Wins Blue Stream Inspection Job
Friday, June 22, 2007 Blue Stream Pipeline Company B.V. has awarded a pipeline inspection job to DeepOcean.

DeepOcean Wins Two-Year Contract from Petrobras
Tuesday, June 12, 2007 DeepOcean ASA and its Brazilian partner Comphania Brasileira de Offshore (CBO) have been awarded a contract by Petrobras in Brazil.

DeepOcean to Install Umbilicals for Agiba Petroleum
Tuesday, June 12, 2007 DeepOcean ASA's subsidiary CTC Marine Projects Ltd. has received a Letter of Intent from the AGIBA Petroleum Company for a project valued at over GBP5 million.

Acergy Extends Contract in West Africa
Tuesday, May 08, 2007 Acergy has extended a contract with DeepOcean regarding a charter of Normand Tonjer and delivery of ROV and survey services in West Africa.

Diavaz Extends Contract for Subsea Support Vessel
Tuesday, April 03, 2007 The Mexican subsea contractor company Diavaz has extended the contract for DeepOcean`s subsea support vessel MPSV Arbol Grande with one year until June 2007.

DeepOcean Wins Dunbar Contract from Saipem
Wednesday, March 07, 2007 DeepOcean UK, a subsidiary of DeepOcean ASA, has received a letter of intent from Saipem UK for the provision of ROV & Survey services for the Dunbar Project in UK with the M/V Mærsk Responder and M/V Mærsk Recorder.

Woodside Awards DeepOcean Angel Gas Project Work
Tuesday, February 27, 2007 DeepOcean ASA's subsidiary CTC Marine Projects has been awarded a contract by Woodside Energy for the Angel Gas Project.

DeepOcean Wins New Contract in Mexico
Tuesday, February 13, 2007 DeepOcean has been awarded a new contract from the contractor Constructora Subacuatica Diavaz S.A. de C.V. in the Gulf of Mexico for the charter of MPSV Aquanaut.

DeepOcean Wins West Africa Contract from Acergy
Tuesday, February 06, 2007 DeepOcean has received a letter of intent from Acergy France for the charter of Normand Tonjer scheduled to begin after a present charter with Bluestream Pipelines in the Black Sea has been completed.

DeepOcean Reports New Frame Agreement with Statoil
Thursday, February 01, 2007 DeepOcean and Statoil plan to enter into a frame agreement for survey services both on and outside the Norwegian continental shelf, according to DeepOcean.

DeepOcean Wins New Contract in Mexico
Friday, January 19, 2007 DeepOcean has been awarded a new contract from the contractor Constructora Subacuatica Diavaz S.A. de C.V. in the Gulf of Mexico for the charter of MPSV Aquanaut.

DeepOcean Wins New Contract in Mexico
Wednesday, November 15, 2006 DeepOcean announced that it has won a new contract from the contractor Constructora Subacuatica Diavaz S.A. de C.V. (Diavaz) in the Gulf of Mexico for the charter of MPSV Aquanaut for 45 days from 29 November 2006 until 13 January 2007.

DeepOcean Garners Another Contract from Diavaz
Monday, November 13, 2006 DeepOcean said that it has been awarded a new contract from the contractor Constructora Subacuatica Diavaz S.A. de C.V. (Diavaz) in the Gulf of Mexico.

DeepOcean Purchases Vessel, Completes Private Placement
Friday, November 03, 2006 DeepOcean ASA (DeepOcean) has entered into a letter of intent with Solstad Offshore ASA for the purchase of the construction service vessel "Bold Endeavour" at a price of NOK 450 million.

DeepOcean to Buy Service Vessel from Solstad
Thursday, November 02, 2006 DeepOcean ASA (DeepOcean) has entered into a letter of intent with Solstad Offshore ASA for the purchase of the construction service vessel `Bold Endeavour` at a price of NOK 450 million.

DeepOcean Wins New Diavaz Contract
Wednesday, November 01, 2006 DeepOcean has been awarded a new contract from the contractor Diavaz in the Gulf of Mexico for the charter of Bold Endeavour for 26 months as from June 2007.

DeepOcean Completes Acquisition of CTC Marine Projects
Monday, October 02, 2006 DeepOcean ASA has completed the acquisition of the UK based submarine trenching company CTC Marine Projects Ltd.

DeepOcean's Bond Issue Now Fully Subscribed
Monday, September 18, 2006 A new bond issue of NOK 300 million for DeepOcean ASA is fully subscribed. The senior unsecured bond matures in three years and carries a coupon of 3 month nibor plus 1.65% p.a.

DeepOcean Wins Contract for MPSV Atlantic Challenger
Monday, September 11, 2006 DeepOcean has been awarded a new contract from Diavaz for the charter of Atlantic Challenger for one year from December 2006.

DeepOcean Acquires CTC Marine Projects
Monday, September 04, 2006 DeepOcean ASA has signed a Heads of Agreement with the shareholders of CTC Marine Projects Ltd (CTC) in the United Kingdom to acquire the company for up to GBP 76 million, including GBP 15.5 million of net interest bearing debt.

DeepOcean Wins Pipeline Inspection Gig
Friday, June 02, 2006 Blue Stream Pipeline Company B.V. has awarded a pipeline inspection job to DeepOcean.

Solstad Offshore Purchases Construction Service Vessel
Thursday, June 01, 2006 Solstad Offshore has entered into an agreement with North Sea Invest AS for the purchase of the construction service vessel Bold Endeavour.