Depro AS
Depro AS is a Norwegian subsea technology company founded in 2005 that designs and manufactures mission-critical ROV systems, torque tools, and custom tooling for deepwater operations. It serves enterprise customers in energy, defense, aquaculture, and environmental protection via direct sales and a growing global rental network.
- Company typePrivate
- Founded2005
- HeadquartersBryne, Norway
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Depro AS does
Depro AS is a Norwegian subsea technology company founded in 2005 and headquartered in Bryne, Jæren, Norway. The company designs and manufactures mission-critical ROV systems and custom subsea tooling, with a flagship product platform branded BLUEROC™ alongside a portfolio of subsea torque tools and special-application custom tooling. Depro emphasizes in-house development and production of core components, field-tested performance in harsh deepwater environments, and modern energy-efficient manufacturing facilities as core operational differentiators.
The company's commercial model combines one-time product sales with a growing global rental and support network that generates recurring access revenue and extends tool lifespans, complemented by professional services for maintenance and technical support. Depro serves enterprise customers in four verticals: Energy and Petroleum (primary), Defence, Aquaculture, and Environment Protection. Customers are reached through direct enterprise field sales, supported by a corporate website, LinkedIn, and Facebook presence.
Depro operates as a member of Ullandhaug Invest AS, a diversified Norwegian industrial conglomerate, which provides strategic backing and access to broader group-level industrial heritage. The company has 11–50 employees, has been operating for 20 years, and is celebrating its 20th anniversary in 2025. Revenue, funding, and customer identities are not publicly disclosed.
Depro AS firmographics
Firmographics- Name
- Depro AS
- Legal name
- Depro AS
- Website
- https://depro.no
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Depro AS is a Norwegian subsea technology company founded in 2005 that designs and manufactures mission-critical ROV systems, torque tools, and custom tooling for deepwater operations. It serves enterprise customers in energy, defense, aquaculture, and environmental protection via direct sales and a growing global rental network.
- Ownership category
- akta.pro rank
Depro AS industry classification
Industry- Product category
- Subsea Equipment Manufacturing
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI)
- akta.pro secondary industries
- Unmanned Underwater Vehicles (UUV) & Autonomous Subsea Platforms (IMABAIAF), Submarine Systems & Components (Pressure Hull, Ballast, Life Support) (IMABAKAL)
Keywords
Where Depro AS is headquartered
LocationHeadquarters
- HQ city
- Bryne
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Depro AS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
Revenue model
- Subsea Product Sales: Development and delivery of mission-critical ROV systems and custom tooling for deepwater operations
- Rental Services: Growing global rental network offering subsea tools with extended lifespans to maximize utilization and sustainability
- Services: Service offerings for subsea equipment including support and maintenance
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Depro AS product offering
Product offeringCore offering
Depro AS designs, develops, and manufactures subsea product solutions — including its flagship BLUEROC™ system, specialized torque tools, and custom ROV tooling — for mission-critical deepwater operations. The company complements these manufactured products with rental services for subsea tools and professional services (maintenance and technical support), serving customers in energy and petroleum, defense, aquaculture, and environmental protection sectors.
Product overview
Depro AS offers a portfolio of subsea products and services for deepwater operations. The core product line consists of BLUEROC™ (a flagship subsea system), Torque Tools (specialized underwater tools), and Special Applications (custom tooling). These are complemented by Rental services (providing flexible access to equipment) and Services (professional support). The company develops and delivers mission-critical ROV systems and custom tooling designed for the world's most demanding underwater environments, serving the energy, petroleum, aquaculture, defence, and environmental protection sectors.
Differentiator
Problem solved
Functional benefit
Brands
- BLUEROC™: Product brand for subsea tooling solutions.
Products and services
- BLUEROC™
Companies that use Depro AS
Customer profileSegments4 records
Ideal customer profiles4 records
Depro AS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Depro AS partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
Depro AS competitors and assessment
Company assessmentRegional players
- IKM Subsea: Norway-based subsea services and equipment rental company operating ROVs and intervention tooling on the Norwegian continental shelf. Same Norwegian geographic focus and rental/services business model overlap with Depro's growing rental network.
Broad incumbents
- Oceaneering International: Global subsea robotics and tooling incumbent providing ROVs, intervention tooling, and tooling-as-a-service. Direct overlap with Depro's torque tools and BLUEROC™-style subsea intervention offerings, but at much larger scale and broader geographic coverage.
- Aker Solutions: Norway-headquartered subsea and offshore engineering contractor with subsea hardware, controls, and intervention systems. Same Norwegian cluster and overlapping customer base in North Sea deepwater, making it the most strategically proximate incumbent to Depro.
- TechnipFMC: Integrated subsea equipment and services provider manufacturing subsea trees, manifolds, and intervention tooling. Competes with Depro for operator spend on deepwater field interventions and equipment supply.
- Saipem: Global engineering and subsea services contractor with own subsea equipment portfolio and intervention capabilities. Larger-scale competitor for deepwater intervention contracts that Depro also targets.
- Helix Energy Solutions: Provider of subsea intervention, robotics, and well intervention services including tooling and ROV operations. Comparable to Depro on mission-critical subsea intervention, with much broader service portfolio.
- Subsea 7: Global subsea contractor focused on SURF, IMR, and renewables installation with own subsea tooling and intervention fleet. Competes with Depro indirectly across Norwegian and North Sea deepwater projects.
Direct peers
- Forum Energy Technologies: Specialty manufacturer of subsea and oilfield equipment including intervention tools, ROV manipulators, and custom tooling. Closely comparable to Depro on product category and 'special applications' custom-engineering positioning.
- DeepOcean: Norwegian subsea services provider delivering inspection, maintenance, and repair (IMR) and intervention tooling to energy and offshore wind clients. Overlaps with Depro on IMR-adjacent tooling and the Norway/North Sea geography.
Emerging players
- Stinger Technology (a Kystdesign company): Norwegian niche player designing custom subsea tooling, ROV skids, and special-purpose manipulators for the North Sea market. Closest direct head-to-head comparable on size, geography, and 'special applications' value proposition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Depro AS social profiles
Digital presenceDepro AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Depro AS leadership team
Management profileNumber of profiles
Profiles3 records
Depro AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Depro AS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Depro AS
What does Depro AS do?
Depro AS designs, develops, and manufactures subsea product solutions — including its flagship BLUEROC™ system, specialized torque tools, and custom ROV tooling — for mission-critical deepwater operations. The company complements these manufactured products with rental services for subsea tools and professional services (maintenance and technical support), serving customers in energy and petroleum, defense, aquaculture, and environmental protection sectors.
Is Depro AS a public or private company?
Depro AS is a private company. It is classified as corporate owned and is currently operating.
When was Depro AS founded?
Depro AS was founded in 2005. It employs 11 to 50 people.
Where is Depro AS based?
Depro AS is headquartered in Bryne, Norway, in the Europe region.
How does Depro AS make money?
Three revenue lines are on record. Subsea Product Sales are the primary driver. The others are rental Services and services.
Who are Depro AS's main competitors?
IKM Subsea is listed as a regional player. Broad incumbents are Oceaneering International, Aker Solutions, TechnipFMC, Saipem, Helix Energy Solutions and Subsea 7. Direct peers are Forum Energy Technologies and DeepOcean. Stinger Technology (a Kystdesign company) is listed as an emerging player.
Does Depro AS have an API?
No public API is recorded for Depro AS.
What industry is Depro AS in?
Depro AS's product category is Subsea Equipment Manufacturing. Its primary akta.pro industry code is EUALABAI, Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR), with a secondary code of IMABAIAF, Unmanned Underwater Vehicles (UUV) & Autonomous Subsea Platforms. Its NAICS code is 333132 and its SIC code is 3533.