OneSubsea Acquires Envirex's Underwater Operations

Deep News05-12 20:50

OneSubsea, a joint venture supported by SLB Ltd, Aker Solutions, and Subsea7, has completed the acquisition of the underwater operations of Norway's Envirex Group.

This transaction broadens OneSubsea's access to Envirex's specialized technology and supports the ongoing development and deployment of innovative underwater solutions, including tetherless and wireless systems.

The company stated that customers will benefit from a wider range of technological offerings and more consistent global support.

Mads Hjelmeland, CEO of SLB OneSubsea, commented, "This acquisition is a significant milestone for SLB OneSubsea, enhancing our capability to meet the growing market demand for next-generation underwater solutions. With the addition of Envirex's expertise, we are well-positioned to deliver greater reliability, flexibility, and value to our clients."

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