Norway’s ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services Co LLC (KSA) (Jana Marine) penned a deal to form a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East.
To be named JADE Subsea Services, the joint venture plans to enter into a five-year charter agreement with Jana Marine for a newbuild DP2 hybrid diving support vessel (DSV) capable of performing subsea construction, IMR (inspection, maintenance and repair) and dive support activities.
“Jana Marine brings a newbuild vessel, marine expertise and deep local knowledge to the partnership. We contribute our subsea services capabilities, technology and specialist engineering. Together, this partnership will offer the offshore oil and gas industry in the Middle East region a highly competitive and fully integrated subsea services solution,” said Øyvind Mikaelsen, chief executive officer of DeepOcean.
The 98-meter-long hybrid-powered DP2 subsea vessel, named Jana 201, is currently under construction in China by Jana Marine. It will be equipped with hybrid power coming from 2 x 800kW batteries which can be used on a standalone basis or in conjunction with the 7x1800kW gensets.
The vessel will feature a 12-man Drass-supplied saturation diving system, along with two air diving spreads and light work class ROV. It will also be outfitted with a 100-tonne crane and accommodation for up to 120 personnel.
The vessel is scheduled for delivery in the third quarter of 2026.
DeepOcean offers engineering and project management for subsea construction and installation, subsea survey and positioning services, subsea IMR services, as well as removal and recycling of subsea assets.
On the other hand, Jana Marine provides marine offshore services in the Arabian Gulf region and beyond. The company owns and operates a fleet of 35 offshore support vessels of different types, including ten self propelled jack-up barges.
It delivers a broad range of specialized services, including offshore hook-ups, upgrades, modifications, installations, fabrication, maintenance, security systems integrations and commissioning support.
DeepOcean entered the Middle East region in May through the acquisition of subsea service player Shelf Subsea, which has been present in Saudi Arabia for several years, and has since opened an office in Abu Dhabi. Furthermore, the company’s vessel Oriental Dragon is currently operating in Saudi Arabia.
