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Delmar Systems acquires InterOcean Systems

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Oilfield Technology,

The ownership of Delmar Systems, Inc., a worldwide supplier of offshore

mooring and subsea services, announces an expansion of products and services with the acquisition of privately owned InterOcean Systems, Inc. InterOcean will be operated as an affiliated entity of Delmar.

Since 1946, InterOcean Systems has designed and manufactured high quality oceanographic and environmental equipment and systems, including its proprietary Rig Anchor Release (RAR), acoustic technology and releases, METOC buoys, current meters, transponders, transducers, hydrophones, subsea winches, and other specialised equipment including its proprietary remote oil spill detection system – Slick Sleuth™.

“Delmar is committed to providing the offshore industry with quality products and services,” said Brady Como, Delmar’s Executive Vice President. “InterOcean’s products, services, and longstanding customer service will enhance Delmar’s product offering beyond the traditional oil and gas industry customer base. Their excellent reputation for quality and innovative products will be a great addition to Delmar. We welcome the dedicated professionals as InterOcean has a long standing reputation serving the specialised marine equipment industry on a global basis.

“The synergies between Delmar and InterOcean make this combination of strengths a key benefit to our mutual customers,” says Mike Pearlman, President and CEO of InterOcean. “Our dedicated professionals look forward to continuing the tradition of providing the very best service and quality that has led to our success the last 70 years in business.”

InterOcean Systems will continue to operate with its existing management from its San Diego, CA headquarters as an affiliate of Delmar Systems, Inc., offering the same products and services the company has been known for the last 70 years.

Headquartered in Broussard, LA, Delmar Systems, Inc. has provided mooring and subsea installation services for over 48 years to every oil and gas region around the globe, with offices strategically located to serve the offshore industry in the world’s most challenging offshore environments.

Adapted from a press release by David Bizley

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