The split and new brand announcement are scheduled to be finalized within 2019.
It will see the existing Cable Lay and Trenching division (DeepOcean CL&T) divided into a seabed intervention unit under a new brand and a subsea cable installation specialist; DeepOcean Subsea Cables.
Pierre Boyde, Managing Director of DeepOcean CL&T will head the seabed trenching division, headquartered at their world-class facilities at Port of Blyth, UK.
Steve Marshall, DeepOcean CL&T Operations Director, shall take the role of Managing Director of DeepOcean Subsea Cables and the company will be headquartered in Darlington, UK. DeepOcean Subsea Cables will focus on continuing to deliver cable installation services, and maintenance and repair service, under the Reconnect offering, to the growing offshore energy markets and existing global client base, in the North Sea and beyond.