Halliburton has finalised its acquisition of Optime Subsea, resulting in American giant now owning 100% of the Norwegian company.
Jan-Fredrik Carlsen, CEO of Optime Subsea, said, “Joining Halliburton is a proud moment for Optime Subsea. This acquisition will allow us to scale our innovative technologies, reach new markets, and continue delivering exceptional value to our customers worldwide.”
Since its founding a decade ago in 2015, Optime Subsea has committed to delivering cost-effective subsea solutions to the oil and gas industry, including its flagship technologies Subsea Controls and Intervention Light System (SCILS), and the Remote Operated Controls System (ROCS).
With Halliburton’s global reach and extensive infrastructure, Optime Subsea is now positioned to accelerate deployment of its technology on a larger scale to provide a more robust portfolio of subsea control and intervention solutions.
“As we transition into this exciting new chapter, our commitment to innovation, customer satisfaction, and operational excellence remains unwavering. As part of Halliburton, we look forward to creating new opportunities and delivering unmatched solutions to the energy sector,” commented Carlsen.
The acquisition represents a shared vision between Optime and Halliburton to drive progress and efficiency in subsea operations. The two aim to redefine standards for reliability, sustainability and performance in the subsea industry.