Caspian Offshore Construction
Caspian Offshore Construction LLP is a Kazakhstan-based offshore marine services provider operating 57 vessels for oil and gas companies across the Caspian Sea and Middle East (Persian Gulf), delivering personnel transport, icebreaking, towing, DSV, survey, and fleet management.
- Company typePrivate
- Founded2003
- HeadquartersAlmaly, Kazakhstan
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Caspian Offshore Construction does
Caspian Offshore Construction (COC) LLP is a Kazakhstan-based offshore marine services provider founded in 2003 as the country's first private maritime company. It operates a fleet of 57 vessels and barges (30+ owned modern European-built vessels, average age under 10 years, plus managed third-party tonnage) including icebreakers, DSVs, ASD tugs, Shoalbusters, survey vessels, crew boats, and accommodation modules. The company is staffed by 1000+ employees, including 700+ professional seafarers, and holds ISM Code, ISO 9001, ISO 14001, and ISO 45001 certifications.
COC provides end-to-end offshore marine support to international oil and gas operators, including personnel and cargo transportation, icebreaking, towing, anchor handling, emergency response, hydrographic and geophysical surveys, underwater technical works (DSV), and third-party fleet management. All revenue is generated B2B from oil and gas projects in the Caspian Sea region (Kazakhstan, Azerbaijan, Turkmenistan) and Middle East (UAE). The company runs a direct enterprise sales model, with a 2024 pivot to actively pursue the Persian Gulf market through COC Middle East DMCC and ADIPEC participation.
In 2023, COC reported revenue exceeding $65M USD. The company is privately held with no disclosed venture or private equity backing and is presently funding fleet expansion (Caspian Seagull, Caspian Breeze, Caspian Lotus in 2024) from operating cash flows. Geographic footprint spans eight offices across four countries.
Caspian Offshore Construction firmographics
Firmographics- Name
- Caspian Offshore Construction
- Legal name
- Caspian Offshore Construction LLP
- Website
- https://coc.kz
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Caspian Offshore Construction LLP is a Kazakhstan-based offshore marine services provider operating 57 vessels for oil and gas companies across the Caspian Sea and Middle East (Persian Gulf), delivering personnel transport, icebreaking, towing, DSV, survey, and fleet management.
- Ownership category
- akta.pro rank
Caspian Offshore Construction industry classification
Industry- Product category
- Offshore Marine Services
- NAICS
- Support Activities for Water Transportation (4883)
- SIC
- Water Transportation (4400)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
- akta.pro secondary industry
- Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)
Keywords
Where Caspian Offshore Construction is headquartered
LocationHeadquarters
- HQ city
- Almaly
- HQ country
- Kazakhstan
- HQ region
- Asia
Offices8 records
Markets served
Caspian Offshore Construction business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain
Revenue model
- Offshore Marine Services: Provides comprehensive offshore marine services including personnel transportation, supply, emergency rescue operations and support of marine operations to oil and gas companies in the Caspian and Middle East regions. Revenue is generated through long-term contracts and project-based work.
- Third-party Fleet Management: Full management of third-party owned vessels including technical maintenance, crew selection, HSE compliance and international standards adherence
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
Caspian Offshore Construction product offering
Product offeringCore offering
Caspian Offshore Construction provides offshore marine support services to oil and gas operators in the Caspian Sea region, operating a fleet of 57 vessels (over 30 owned) including icebreakers, anchor handling tugs, crew transfer vessels, diving support vessels, and accommodation modules. The company delivers towing, anchor handling, crew transfer, icebreaking, diving support, hydrographic survey, and integrated fleet management services under multi-project contracts.
Product overview
Caspian Offshore Construction (COC) is an offshore marine services provider operating since 2003. The company operates a fleet of 57 vessels and barges (including 30+ owned modern vessels) and employs over 700 sailors. The service portfolio comprises nine vessel types including icebreakers, DSV vessels, survey vessels, tugs, crew boats, barges, and accommodation modules, serving oil and gas projects across the Caspian Sea and Middle East regions. Core services include personnel transportation, cargo supply, emergency rescue, towing operations, hydrographic surveys, underwater technical works, and icebreaking support. In 2023, company revenue exceeded $65 million USD.
Differentiator
Problem solved
Functional benefit
Brands
- COC Middle East DMCC: Middle East operations entity based in UAE, Abu Dhabi
Products and services
- Towing and Anchor Handling Services Towing and anchor handling services for offshore platforms and rigs, delivered using a fleet of specialized anchor handling tugs supporting oil and gas operators in the Caspian Sea.
- Crew Transfer Services Personnel transport services to and from offshore installations using dedicated crew transfer vessels for offshore oil and gas campaigns.
- Icebreaking Operations Icebreaking services for offshore oil and gas operations in the ice-prone waters of the Caspian Sea, enabling year-round platform access and supply.
- Diving Support Vessel (DSV) Services Diving support vessel services for subsea construction, inspection, repair, and maintenance operations supporting offshore oil and gas infrastructure.
- Hydrographic Survey Services Hydrographic survey services for offshore site characterization, seabed mapping, and route planning for oil and gas field development.
- Integrated Fleet Management Services Integrated fleet management services providing vessel charter coordination, crewing, maintenance, and HSE management for client offshore campaigns.
- Accommodation Modules Offshore accommodation modules providing living quarters for personnel deployed at sea during oil and gas exploration and production projects.
Companies that use Caspian Offshore Construction
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Caspian Offshore Construction technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Caspian Offshore Construction partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights5 records
Caspian Offshore Construction competitors and assessment
Company assessmentDirect peers
- Vroon: Internationally operating offshore support and towage company with a fleet of PSVs, AHTSVs and subsea support vessels. Directly comparable to COC in offshore vessel operations and oil and gas customer base.
- Edison Chouest Offshore: Privately held global OSV operator with a large fleet of PSVs, crew boats, subsea and specialty vessels serving oil and gas. Comparable to COC in service portfolio and enterprise sales model to IOCs.
- Solstad Offshore: Norwegian offshore vessel owner with PSV, AHTS and subsea construction vessels serving global offshore oil and gas. Comparable to COC in vessel categories and offshore energy end-market exposure.
- Mermaid Maritime: Southeast Asia-based offshore services provider with subsea, diving and offshore vessel capabilities for oil and gas. Comparable to COC in DSV, subsea inspection and offshore vessel operations.
- Tidewater: One of the largest OSV operators globally, with a fleet of offshore support vessels serving oil and gas customers worldwide. Comparable to COC in core PSV/AHTS crew transfer and supply services.
- Bourbon: Global offshore marine services provider operating PSVs, AHTS vessels and crew boats for oil and gas clients. Directly comparable to COC in vessel types, customer base (IOCs/NOCs) and offshore support service model.
- Seacor Marine: Provider of offshore marine support vessels including PSVs, AHTS, crew boats and specialty vessels for offshore oil and gas. Directly comparable on vessel mix, oil and gas customer base and geographic breadth.
- Greatship (India): India-based offshore support vessel operator with PSVs, AHTSVs and subsea vessels serving oil and gas customers. Comparable to COC in offshore vessel operations and enterprise sales to oil and gas majors.
Others
- Damen Shipyards: European shipbuilder that constructed vessels for COC (including the Caspian Seagull). Comparable as a strategic supplier and ecosystem partner in the offshore vessel value chain, rather than a direct competitor.
Regional players
- Palmali Group: Azerbaijan/Caspian-headquartered maritime group with offshore support and tanker fleet exposure in the Caspian basin. Comparable as a regional peer operating in the same Caspian oil and gas market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Caspian Offshore Construction social profiles
Digital presenceCaspian Offshore Construction compliance and trust
Trust signalCompliance4 records
Caspian Offshore Construction financial estimates
Financial estimateRevenue estimate
Valuation estimate
Caspian Offshore Construction leadership team
Management profileNumber of profiles
Caspian Offshore Construction funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Caspian Offshore Construction 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 Caspian Offshore Construction
What does Caspian Offshore Construction do?
Caspian Offshore Construction provides offshore marine support services to oil and gas operators in the Caspian Sea region, operating a fleet of 57 vessels (over 30 owned) including icebreakers, anchor handling tugs, crew transfer vessels, diving support vessels, and accommodation modules. The company delivers towing, anchor handling, crew transfer, icebreaking, diving support, hydrographic survey, and integrated fleet management services under multi-project contracts.
Is Caspian Offshore Construction a public or private company?
Caspian Offshore Construction is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Caspian Offshore Construction founded?
Caspian Offshore Construction was founded in 2003. It employs 501 to 1,000 people.
Where is Caspian Offshore Construction based?
Caspian Offshore Construction is headquartered in Almaly, Kazakhstan, in the Asia region.
How does Caspian Offshore Construction make money?
Two revenue lines are on record. Offshore Marine Services are the primary driver. The others are third-party Fleet Management.
Who are Caspian Offshore Construction's main competitors?
Direct peers on record are Vroon, Edison Chouest Offshore, Solstad Offshore, Mermaid Maritime, Tidewater, Bourbon, Seacor Marine and Greatship (India). Damen Shipyards is listed as an others. Palmali Group is listed as a regional player.
Does Caspian Offshore Construction have an API?
No public API is recorded for Caspian Offshore Construction.
What industry is Caspian Offshore Construction in?
Caspian Offshore Construction's product category is Offshore Marine Services. Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters), with a secondary code of TLADABAL, Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS). Its NAICS code is 4883 and its SIC code is 4400.