DeepOcean acquires subsea cable service specialist

April 12, 2022
DeepOcean Group has an agreement to acquire Norwegian engineering/ technology company Installit from Endúr.

Offshore staff

OSLO, Norway DeepOcean Group has an agreement to acquire Norwegian engineering/ technology company Installit from Endúr.

Installit, founded in 2000, provides project management and engineering services for c, including HV cables; subsea installation and decommissioning; and marine operations for the marine and renewable energy industries.

DeepOcean sees Installit’s strengths in HV cable installation and nearshore operations complementing its own cable repair and renewables service. The company will operate under the DeepOcean brand and will form the group’s engineering hub in Oslo, Norway.

Last year DeepOcean establish the Windstaller Alliance with Solstad Offshore and Aker Solutions, offering full supply, fabrication and marine services for offshore wind and other offshore renewable energy sectors.

4/11/2022