DeepOcean Group to invest in ADEPTH Minerals.

DeepOcean Group, a provider of subsea services, agreed to invest in ADEPTH Minerals, a company built for sustainable exploration and extraction of marine minerals. Financial terms were not disclosed. "With this investment into a world-class team and an exciting new industry, DeepOcean is progressing its evolution into a world-leading ocean services provider. Alongside our continued core service segment of oil & gas and our increasing exposure to offshore renewables, deep sea minerals is an additional area where we see great potential for DeepOcean. By bringing our subsea and project execution experience to ADEPTH, we will together strive to support and enable the energy transition and sustainable use of ocean resources, by means of sourcing and extracting sought-after materials in an environmentally responsible manner," Øyvind Mikaelsen, DeepOcean Group CEO.