# Oceaneering acquires Ecosse Subsea for £50 million

Oceaneering has acquired Aberdeen-based Ecosse Subsea for approximately £50 million. Ecosse Subsea provides services to the oil and gas, offshore wind, and power transmission industries.

- Type: Acquisition
- Announced: 2018-03-06
- Where: Aberdeen, Scotland, United Kingdom
- Value: $70.0M (50.0M GBP)
- Status: completed
- Products: subsea engineering services, cable protection
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Oceaneering](https://endata.com/companies/7392.md) (acquirer)
- [Ecosse Subsea](https://endata.com/companies/30506.md) (target)

## Sources

- [energyvoice.com](https://www.energyvoice.com/oilandgas/165305/oceaneering-buys-aberdeens-ecosse-subsea/), 2018-03-06: "We are pleased to complete the acquisition of Ecosse, which we believe offers Oceaneering the opportunity to expand our service line capabilities and grow our market position within the offshore renewable energy market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.