House Subsea Chouest’s subsea arsenal grows because it welcomes ROV producer into its fold
March 20, 2025,
by
Melisa Cavcic
U.S.-headquartered Chouest Group has expanded its portfolio and subsea providing with the acquisition of Norway’s Kystdesign, a producer of remotely operated car (ROV) techniques.
The strategic portfolio enhancement is claimed to bolster Chouest’s dedication to innovation and excellence in underwater robotics, additional solidifying its place on the high of the worldwide subsea expertise membership.
Dino Chouest of Chouest Group, commented: “We’re thrilled to welcome Kystdesign and its proficient staff into the Chouest household. By becoming a member of forces, we’ll proceed delivering cutting-edge ROV techniques and advancing the evolution of next-generation underwater robotics.”
The acquisition of the Norwegian agency is interpreted to strengthen Chouest’s subsea capabilities, making certain continued assist for the previous’s current shoppers whereas enhancing in-house options for C-Innovation and ROVOP, that are perceived as key gamers inside the U.S. agency’s portfolio.
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Tore Nedland, CEO of Kystdesign, emphasised the alternatives forward: “Kystdesign has all the time been devoted to engineering high-quality, dependable subsea options. Changing into a part of the Chouest Group — an trade chief in offshore and subsea operations — supplies us with the sources, experience, and world community to speed up innovation and higher serve our shoppers worldwide. We’re excited concerning the future and the groundbreaking developments we’ll obtain collectively.”
Furthermore, the primary built-in ROV system beneath this partnership is already in improvement, representing the start of what has been described as “an thrilling new chapter” for the duo. With this integration, Kystdesign joins Chouest’s world workforce, which is approaching 20,000 workers.
Sven Stakkestad, Chairman of Kystdesign board, said: “It’s the proper time at hand over Kystdesign to a brand new proprietor. The Chouest Group possesses the information, power and ambitions essential to information the corporate’s future progress. We welcome the Chouest Group to the Haugaland offshore cluster and prolong our greatest needs to the whole staff.”
Given the anticipated advantages, the duo’s collaboration is anticipated to drive important developments in subsea expertise, unlocking new potentialities in deepwater operations and design. Kystdesign has seen progress in recent times, doubling its workforce, projecting a 2024 turnover approaching NOK 500 million (virtually $47.2 million), and a record-high order backlog.
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Stakkestad famous: “This success wouldn’t be achievable with out our sturdy staff of workers, our loyal clients, and the stable basis established by founder Erik Kold Bakkevig, who led Kystdesign till his passing in 2022.”