Ocean services provider DeepOcean has acquired 100% of the shares in Australia-based subsea services provider Shelf Subsea, creating what it says is a global subsea player and expanding its footprint into Southeast Asia, Australia, and the Middle East.
Headquartered in Australia, Shelf Subsea has offices in Singapore, Indonesia, Malaysia, Papua New Guinea and Saudi Arabia with approximately 200 employees, currently operating a fleet of three chartered multipurpose dive support vessels, multiple remotely operated vehicles (ROVs), various subsea installation equipment, and a number of diving systems.