DCN Global bought by Fugro Subsea Middle East

OE Staff
Thursday, October 17, 2013

Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian, and African regions. DCN Global employs about 39 people with about 170 contract staff. Annual revenues are about US$30 million. Fugro Subsea Services (Middle East) will continue to work with DCN Diving in the Netherlands.


Related Stories

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Baker Hughes Joins Venezuela Gas Infrastructure Push

Halliburton Steers Clear of Sea Lion Project off Falkland Islands

Current News

New Fortress Energy’s Mexico FLNG Unit Goes Offline

Chevron Names New Oil, Products and Gas President

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Subscribe for OE Digital E‑News