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Solstad Subsea Holding has agreed to acquire a 35% stake in Omega Subsea, according to a Dec. 20 company news release.
Omega Subsea supplies ROVs and associated tools, personnel, survey and project management services to the subsea industry.
The company has offices in Norway and the UK employing about 400 staff, with revenues more than trebling since 2022.
This is mainly due to its cooperation with Solstad Offshore.
While Solstad Offshore intends to remain focused on owning/operating offshore vessels on a dayrate basis, the connection with Omega will allow it to expand its service offering.
