DeepOcean acquires Shelf Subsea to expand APAC reach

DeepOcean has successfully acquired Shelf Subsea, enhancing its position in the global subsea services market. This transaction expands DeepOcean's operational footprint into the Asia-Pacific and Middle East regions. The merged entity will leverage the strengths of both companies, combining their expertise and resources to serve customers worldwide. The acquisition adds approximately 200 employees from Shelf Subsea to DeepOcean's workforce.