Subsea engineering specialist, Oceaneering, has completed its acquisition of Meridian Ocean Services.
Meridian is a marine services business, based in Portsmouth, Rhode Island, with primary focus on ROV and AUV technology subsea survey and inspection.
Rod Larson , president of Oceaneering, said: “We are pleased to have closed this transaction with Meridian which will add talent and expertise allowing us to further penetrate the UWILD market which is a very logical adjacency.
“The addition of Meridian is complementary to our ROV, diving, asset integrity, and tooling services businesses and will provide a comprehensive solution for our customers.”
Financial details surrounding the deal have not been disclosed.