Halliburton acquires Optime Subsea

Feb. 5, 2025
With Halliburton now owning 100% of Optime Subsea, the companies are focused on providing more subsea control and intervention technologies.

Optime Subsea announced Jan. 31 that a transaction with Halliburton had been finalized, resulting in Halliburton now owning 100% of the company.

Optime Subsea's technologies include the Subsea Controls and Intervention Light System (SCILS) and the Remote Operated Controls System (ROCS) for subsea operations.

In the last year alone, ROCS was used by several offshore operators:

In addition, Ole-Ivar Sørensen, technical manager for eSCILS, chatted with Offshore's London-based editor Jeremy Beckman last month about how the wireless intervention and completion systems are designed to eliminate topside power and pump requirements. Moreover, he explained how the battery-powered eSCILS could enable longer-distance step-outs.

Optime Subsea says this acquisition will amplify its impact on the subsea energy sector. Moving forward, Halliburton and Optime Subsea plan to provide a "more robust portfolio of subsea control and intervention solutions." 

About the Author

Ariana Hurtado | Editor-in-Chief

With more than a decade of copy editing, project management and journalism experience, Ariana Hurtado is a seasoned managing editor born and raised in the energy capital of the world—Houston, Texas. She currently serves as editor-in-chief of Offshore magazine, overseeing the editorial team, its content and the brand's growth from a digital perspective. 

Utilizing her editorial expertise, she manages digital media for the Offshore team. She also helps create and oversee new special industry reports and revolutionizes existing supplements, while also contributing content to Offshore magazine, its newsletters and website as a copy editor and writer. 

Prior to her current role, she served as Offshore's editor and director of special reports from April 2022 to December 2024.

Before joining Offshore, she served as senior managing editor of publications with Hart Energy. Prior to her nearly nine years with Hart, she worked on the copy desk as a news editor at the Houston Chronicle.

She graduated magna cum laude with a bachelor's degree in journalism from the University of Houston.