Company Updates

DeepOcean Boosts Digital Subsea Offering Through Acquisition

Ocean services provider DeepOcean grows its offering within digitalization and automation of subsea operations through the acquisition of digital transformation company Btwn AS.

“Digitalization of our subsea services and projects, autonomous capabilities and unmanned vessels are the cornerstones of our technology development strategy. Adding Btwn’s competence and capacity will allow us to further ramp-up these efforts to the benefit of our customers,” says Øyvind Mikaelsen, CEO of DeepOcean.

In recent years, DeepOcean has successfully introduced digital twins and animations of subsea operations, and autonomous inspection drones, as part of its subsea offering with survey, IMR and construction work.

“Btwn will strengthen our in-house development team and customer-facing digital innovation projects within all these areas. Further, our cooperation with the Remota JV, which provides Remote Operations Centers for maritime and offshore operations, complements this offering. Our primary focus is to help reduce operating costs and emissions for operators of offshore energy assets,” adds Mikaelsen.

About Btwn

DeepOcean acquires 100 percent of the shares in Btwn from the company’s employees for an undisclosed amount. Btwn is headquartered in Sandnes, Norway, and has 11 employees. Btwn – pronounced “between” – is a digital transformation company that specializes in replacing manual processes with automated solutions. The company has an extensive project track record from digital transformation activities within ocean-based industries such as renewable energy, oil and gas, aquaculture and maritime.

Solid track record

For example, Btwn has together with Aker BP developed a drilling simulator and onshore collaboration centre, and supported Westgass Hydrogen to provide technology solutions that support the efficient delivery of hydrogen for its filling stations and off-grid applications. Btwn is also involved with a project to develop a control system for semi-autonomous offshore fish farms.

In addition to becoming an integrated part of DeepOcean’s digital innovation team, Btwn will continue to operate as a stand-alone brand, serving the company’s current and other potential customers.

“DeepOcean and we share the view that digitalization is the key to unlocking huge efficiency, safety and environmental gains for ocean-based industries. Becoming part of the DeepOcean team will enable us to jointly realize numerous technical and commercial synergies between the two companies, to our customers’ benefit,” says Stig Arne Nordli Andersen, CEO of Btwn.

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