Company Profile

DEEPOCEAN Company Profile

Pratik Shirsath Published 29 Oct 2026 Updated 29 Oct 2026

Company Profile

DEEPOCEAN Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.

Item

Description

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Company Name

DEEPOCEAN

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Website

www.deepoceangroup.com

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Established Date

1999

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Headquartered

Oslo, Norway

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Market Position/ History

DeepOcean was established in 1999 and is headquartered in Oslo, Norway. It is a technology-driven subsea services provider supporting the oil and gas, offshore renewable energy, deep-sea minerals and other marine industries. Its services cover subsea surveying, engineering, project management, installation, inspection, maintenance, repair and recycling of offshore assets. The company combines ROV systems, specialist tooling, vessels and engineering capabilities to deliver subsea operations across multiple regions.

The company expanded its ROV and subsea service capabilities through acquisitions, including Searov in 2017 and Delta Subsea in 2018. In 2025, it acquired Shelf Subsea, strengthening its presence in Asia-Pacific and the Middle East. DeepOcean has also expanded its ROV fleet, announcing plans in June 2025 to add eight ROVs to its existing fleet of nearly 60, including additional Constructor-series work-class vehicles. Its ROV systems support inspection, maintenance and repair, construction, survey, and removal and recycling of subsea assets.

DeepOcean’s operating strategy emphasizes remote and uncrewed operations, digital technologies, specialized subsea tooling and more efficient offshore execution. Its fleet includes work-class and observation ROVs, supported by vessels and integrated survey, inspection and construction equipment. The company is also developing lower-emission operating models, including remote operations and uncrewed surface vessels. These capabilities position DeepOcean as an integrated offshore ROV services provider, rather than solely an ROV equipment manufacturer.

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Sales Area

Europe, Americas, Africa, Asia-Pacific and the Middle East

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Manufacturing Location

NA

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Ticker

NA

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No. of Employees

~ 1,842

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Competitors

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CEO

Øyvind Mikaelsen

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Ownership Type

Public

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Contact Information

Ruseløkkveien 26, 0251 Oslo, Norway

+47 22 76 06 00 / +1 888 234 3684 / +1 832 615 8170

DEEPOCEAN Products & Assets

  • Constructor 220 HP

    • Category: Work-Class ROV

    • Description: Heavy-duty work-class Remotely Operated Vehicle designed for demanding subsea operations. Features a documented depth rating of 3,000 meters (Above 10,000 Feet depth segment) and supports hydraulic tooling, manipulators, cameras, and sonar systems for subsea construction, installation, inspection, and maintenance.

  • Constructor ROV

    • Category: Work-Class ROV

    • Description: Work-class ROV platform tailored for complex subsea construction and intervention tasks. Features integrated interfaces to support survey sensors, HD cameras, and specialized hydraulic tooling for offshore installation and structural maintenance.

  • Falcon

    • Category: Observation / Light Intervention ROV

    • Description: Compact underwater ROV platform engineered for observation, visual inspections, underwater data collection, and light subsea intervention tasks in space-restricted environments.

  • T1500+

    • Category: Jet Trenching ROV System

    • Description: High-power jet trenching system built for underwater cable, umbilical, and flexible pipeline burial in water depths down to 500 meters. Equipped with a 1,500 hp (1,125 kW) subsea power unit delivering up to 3 meters of trenching depth.

  • UT-1

    • Category: Ultra-High Power Jetting ROV

    • Description: Ultra-high power jetting vehicle featuring 2.1 MW of total power. Designed with variable drive motor controls to perform flexible trenching operations under tough seabed conditions and strong current environments.

  • AMP1500

    • Category: Advanced Multi-Pass Pipeline Plough

    • Description: Heavy subsea pipeline ploughing asset used for pre-cut and post-lay trenching of offshore trunklines and pipelines, capable of accommodating pipe diameters up to 1,500 mm.

  • ACP2

    • Category: Cable Burial Plough

    • Description: Subsea cable plough designed specifically for laying and burying large-diameter offshore power cables (up to 300 mm diameter) with automated deck and seabed loading capabilities.

  • FlexiCore™

    • Category: Seabed Coring & Geotechnical Tooling

    • Description: Advanced seabed soil sampling system capable of operating from shallow waters down to 4,000-meter depths, providing geotechnical core samples for offshore wind farms and foundation engineering.

  • USV Challenger

    • Category: Uncrewed Surface Vehicle (USV)

    • Description: Uncrewed surface vessel paired with an onboard ROV launch/recovery system. Engineered for remote and autonomous pipeline/cable survey, visual inspection, and lower-emission IMR operations controlled from onshore operations centers.

  • Intelligent Mattress Frame (IMF)

    • Category: Autonomous Subsea Deployment Tooling

    • Description: Specialized subsea deployment frame designed to transport, position, and lay concrete mattresses onto underwater pipelines without requiring direct ROV or diver intervention, complete with automated rigging release and sonar verification.

Offshore ROV Product Specification

Product

Product Description

Constructor 220 HP

Heavy-duty work-class ROV designed for demanding offshore subsea operations. It supports hydraulic tooling, manipulators, cameras and sonar for subsea construction, installation, inspection and maintenance. Its documented depth rating is 3,000 metres, placing it in the Above 10000 Feet depth segment. Relevant to Heavy Work Class ROVs and the Construction Support and Inspection, Repair and Maintenance Services application segments.

Constructor ROV

Work-class ROV designed for complex subsea construction and intervention tasks. Its integrated interfaces support survey sensors, cameras and specialist hydraulic tooling. It is relevant to offshore installation, subsea structure work and maintenance operations.

Falcon

Compact underwater ROV platform used for observation and inspection tasks. Its relevance lies in visual inspection and underwater data collection in applications suited to a smaller vehicle

Subesa Inspection, Maintenance and Repair segment : Maintenance and Repair segment supports the inspection and upkeep of offshore oil and gas infrastructure and other subsea assets. Activities include visual inspection, condition assessment, anomaly identification and maintenance support for subsea structures, pipelines and production systems. ROVs provide underwater access for inspection, data collection and selected intervention tasks, reducing the need for divers in suitable operating conditions. The company combines ROV operations with specialist tooling, survey equipment, engineering expertise and offshore vessel support. These services help operators assess asset integrity, plan maintenance and maintain the operational reliability of subsea infrastructure.
Subsea Construction and Installation: DeepOcean’s Subsea Construction and Installation segment supports the installation, connection and modification of subsea infrastructure for offshore energy projects. Its activities can include subsea equipment installation, pipeline-related operations, structural installation support and deployment of specialized subsea tooling. ROVs assist with underwater observation, positioning, visual verification and operational monitoring during installation activities. The company integrates subsea engineering, project management, survey capabilities and vessel-based operations to execute offshore work. These services support the development of new offshore oil and gas infrastructure and selected renewable-energy projects.
Subsea Survey and Positioning: DeepOcean’s Subsea Survey and Positioning segment focuses on gathering accurate underwater and seabed data for offshore planning, construction, inspection and asset management. Activities can include seabed mapping, underwater positioning, route surveys and the collection of geophysical or visual information using specialized survey systems. ROVs can carry cameras, sonar and positioning sensors to collect detailed data in areas that are difficult to access using surface-based equipment alone. Survey information supports infrastructure installation, pipeline and cable-route assessment, and subsequent inspection activities. The company combines survey technology with subsea engineering and operational expertise to support offshore project decisions.
Decommissioning and Recycling: DeepOcean’s Decommissioning and Recycling segment supports the removal, recovery and end-of-life management of offshore infrastructure. Activities may include subsea structure removal, pipeline-related decommissioning, recovery of underwater equipment and preparation of assets for recycling or disposal. ROVs provide visual inspection, seabed assessment and underwater monitoring during removal and recovery operations. The company combines engineering, specialized tooling, offshore vessel support and subsea operational expertise to manage complex decommissioning projects. These services help offshore operators meet asset retirement obligations while supporting responsible material recovery and waste management.
Offshore Renewables: DeepOcean’s Offshore Renewables segment provides subsea services for offshore renewable-energy infrastructure, particularly offshore wind developments. Its activities can include seabed surveys, subsea cable-route inspection, cable installation support, foundation inspection and maintenance of underwater infrastructure. ROVs support visual inspection, underwater data collection and monitoring of subsea components during construction and operational phases. The company combines survey capabilities, engineering expertise and offshore execution resources to support renewable-energy projects. As offshore wind installations expand into deeper waters and more complex marine environments, subsea inspection and maintenance requirements create opportunities for ROV deployment.

Recent Developments:

Year

Latest News

Strategic Significance

2026

First remote subsea intervention with offshore management based onshore — May 6, 2026. DeepOcean completed a subsea intervention for Aker BP at the Idun Nord field using a work-class ROV, with operational leadership managed from its onshore Remote Operations Centre.

Demonstrates the shift toward remote-managed ROV operations, potentially reducing offshore personnel requirements and improving operational flexibility for subsea intervention projects.

2025

Expansion of the ROV fleet — June 18, 2025. DeepOcean announced eight additional ROVs, including electric work-class and observation ROVs, with deliveries scheduled across several years.

Strengthens fleet capacity for offshore oil and gas and offshore wind work. The adoption of electric ROV technology supports the company's remote and digital operating strategy

Business Strategy

DeepOcean’s business strategy centers on providing integrated subsea services across offshore oil and gas, offshore renewables and other ocean industries. The company combines ROV fleet operations, subsea engineering, project management, specialized tooling, survey capabilities and offshore vessel support to deliver inspection, maintenance and repair (IMR), construction, installation, survey and decommissioning services. Its strategy includes expanding into new geographic markets, diversifying across offshore industries and strengthening its position in subsea asset removal and recycling. 
A key strategic priority is investment in electric ROVs, remote operations, autonomous inspection and digital technologies. DeepOcean operates more than 60 ROVs, including electric work-class and observation ROVs, and is expanding its fleet with additional modern platforms. Its Remote Operations Centre, digital-twin technology and AI-assisted inspection workflows are designed to improve inspection repeatability, reduce manual data-review requirements and enable selected offshore tasks to be managed from shore. The USV Challenger further supports this approach by combining uncrewed vessel operations with an onboard ROV for survey and IMR activities. 
Sustainability and operational efficiency are also central to the company’s strategy. DeepOcean aims to reduce emissions through electrification, remote and uncrewed operations, lower-emission offshore execution and recycling of retired subsea infrastructure. Its stated environmental targets include a 45% reduction in CO? emissions by 2040 and carbon neutrality by 2050. Through technology investment, fleet modernization, geographic expansion and lower-emission service models, the company seeks to strengthen competitiveness while meeting evolving offshore operator requirements.

Pratik Shirsath
Pratik Shirsath serves as a Research Analyst at Cognitive Market Research & Consulting, where he focuses on the Machinery & Equipment, Manufacturing, and Construction sectors. His work centers on delivering stra…

Profile Details

  • Published 29 Oct 2026
  • Last Updated 29 Oct 2026
  • Reading Time~5 minutes
  • CoverageSWOT, Financials, Key Employees, History

Table of Contents

    • 1.1 About DEEPOCEAN
    • 1.2 Key Facts
    • 1.3 Key Employees
      • 1.3.1 Key Employee Biographies
    • 1.4 History
    • 1.5 Locations & Subsidiaries
      • 1.5.1 Head Office
      • 1.5.2 Other Locations & Subsidiaries
    • 2.1 Company Overview
    • 2.2 Business Segments
    • 2.3 R&D Overview
    • 2.4 Brands
    • 2.5 Key Company Statistics
    • 2.6 Key Financials (2015–2019)
    • 2.7 Share Holder Analysis
    • 2.8 Regional Presence
    • 2.9 Services Offered
    • 3.1 Strengths
    • 3.2 Weaknesses
    • 3.3 Opportunities
    • 3.4 Threats
    • 3.5 Key Competitors
    • 4.1 Company Metrics
    • 4.2 Key Investors
    • 4.3 Recent Funding & Valuation
    • 4.4 Historical Funding & Valuation
    • 5.1 Acquisitions
    • 5.2 Partnerships
    • 6.1 Latest News & Announcements
    • 6.2 Strategic Initiatives
    • 7.1 Summary of Findings
    • 7.2 Strategic Recommendations

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