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Home›Business & Finance›CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target
Business & Finance

April 8, 2024 · about 2 years ago

CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target

Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202

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DeepOcean marks 25th birthday with CO2 emissions reduction triumph

Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target.

DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 2020, staying on track to reach its target of 45% reduction in CO2 emissions by 2030.

The continuous effort to modernize its fleet through collaboration with shipowners that are willing to invest in emission reductions, including installation of battery hybrid systems, is seen as the key enabler to this reduction.

Further, DeepOcean made multiple strategic moves to drive a cost-efficient energy transition at sea. In 2022, the company established two joint ventures – Remota AS and USV AS – together with Solstad Offshore and Østensjø to accelerate the use of unmanned vessels and remotely controlled operations offshore. DeepOcean has also developed an autonomous inspection drone (AID) which in 2023 carried out its first offshore operations .

“We are proud of everything we have achieved over these past 25 years. Yes, there have been both ups and downs, but I honestly believe that DeepOcean is stronger than ever. Our ability to serve customers across multiple ocean-based industries, including offshore wind and oil and gas, has never been better,” said Øyvind Mikaelsen , CEO of DeepOcean.

“We are pushing hard to enable the energy transition and sustainable use of ocean resources. We use sustainable data, technology and operational practices to reduce climate impacts and influence real change in our industry. We will utilize our 25-year anniversary to remind clients, partners and employees of these efforts and how they can benefit from them.”

Established as a pure-play oil services player in Haugesund, Norway, in 1999, DeepOcean has since evolved into a company that provides specialist subsea competence across multiple ocean-based industry sectors, including offshore wind, offshore oil & gas, recycling of subsea infrastructure, and subsea minerals.

The Norwegian company at the beginning of this year announced the charter of a converted, battery-powered offshore support vessel to further enhance its subsea offering to the offshore renewables and oil & gas industries. Shortly after, DeepOcean revealed it was acquiring digital transformation company Btwn AS as part of its ambition to grow its offering within digitalization and automation of subsea operations.

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