Subsea - WellConnection

Subsea division sale

WellConnection has sold its subsea division to Coast Center Base (CCB).

The deal includes transferring employees, as well as the project portfolio, which mainly consists of inspection, maintenance, and repair of Marine Risers and related equipment.

CCB is a well-established supplier within subsea and drilling design, engineering, maintenance, recertification, and operations offshore.

“WellConnection is very satisfied with this solution, as we have chosen to withdraw from the subsea segment. CCB has grand ambitions within the subsea segment, and through the takeover, we ensure that our employees enter a new and exciting everyday life at CCB Mongstad, which is a part of CCB group,” says Bjørn Angeltveit, CEO in WellConnection Group.