Global Infrastructure SherpaOneSubsea to acquire Envirex Group's subsea business
OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has agreed to acquire the subsea business of Norway-based Envirex Group. This acquisition aims to integrate Envirex's specialized technologies and R&D capabilities into OneSubsea's portfolio, accelerating the deployment of new technology solutions and expanding subsea services globally. The transaction is expected to close in the first half of 2026, subject to regulatory approvals.
Counterparts (2)
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- Joint venture OneSubsea (SLB, Aker Solutions, Subsea7) as buyer.
- Targeting Norway-based Envirex Group's subsea business.
- Closing anticipated in the first half of 2026.
- Deal value remains undisclosed.
Source Intelligence
The acquisition is expected to add Envirex’s specialized technologies and research and development capabilities to OneSubsea’s global technology portfolio. The companies said the move is intended to accelerate deployment of new technology solutions and expand the range of subsea services offered to customers worldwide. The transaction is expected to close... subject to regulatory approvals and other customary closing conditions.
"OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has entered into an agreement to acquire the subsea business of Norway-based Envirex Group."
"OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has entered into an agreement to acquire the subsea business of Norway-based Envirex Group."
"OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7"
"OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7"
"OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7"
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