HydroDive Group
HydroDive Group is a Nigerian offshore and onshore project management company providing subsea, marine support, engineering, and EPCIC services to oil and gas operators. Founded in 1998, it operates seven DP2 vessels and serves clients including Chevron, Shell, and ExxonMobil.
- Company typePrivate
- Founded1998
- HeadquartersLagos, Nigeria
- Headcount251–500
- GTM typeB2B
- OfferingServices
What HydroDive Group does
HydroDive Group is a Nigerian offshore and onshore project management company headquartered in Lagos with an additional office in Port Harcourt. Founded in 1998, the company delivers integrated subsea, marine support, engineering solutions, and EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) services to oil and gas operators. It operates a fleet of seven DP2 (Dynamic Positioning Class 2) multipurpose support vessels and employs 482 staff with a deployable crew capacity above 850.
The company's service portfolio spans the full project lifecycle—from engineering design through offshore installation and commissioning—serving international oil majors and EPC contractors including Chevron, ExxonMobil, Shell, Addax, Hyundai, WAGP, SPDC, and Atlantic Energy. HydroDive holds ISO 9001, ISO 14001, and ISO 45001 certifications and is a member of the International Marine Contractors Association (IMCA), indicating adherence to internationally recognized quality, environmental, and occupational health and safety benchmarks. In 2020 it added advanced ROV technology to its subsea intervention capability, and in 2023 it launched a sustainability program aligned with oil-major ESG procurement criteria.
HydroDive generates revenue through project-based contracts and service agreements with energy-sector clients across West, Central, and Southern Africa, with selected operations in Asia and the Americas. Its go-to-market is anchored by long-tenured relationships with major oil and gas operators and EPC contractors requiring offshore installation, subsea intervention, and marine support. The company is privately held and has not disclosed financial statements, funding rounds, or external investment activity.
HydroDive Group firmographics
Firmographics- Name
- HydroDive Group
- Legal name
- Hydrodive Group
- Website
- https://hydrodive.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- HydroDive Group is a Nigerian offshore and onshore project management company providing subsea, marine support, engineering, and EPCIC services to oil and gas operators. Founded in 1998, it operates seven DP2 vessels and serves clients including Chevron, Shell, and ExxonMobil.
- Ownership category
- akta.pro rank
HydroDive Group industry classification
Industry- Product category
- Offshore Oil and Gas Services
- NAICS
- Support Activities for Oil and Gas Operations (213112), Support Activities for Water Transportation (4883)
- SIC
- Oil & Gas Field Services, Nec (1389), Water Transportation (4400)
- akta.pro primary industry
- Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI)
- akta.pro secondary industries
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ)
Keywords
Where HydroDive Group is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices2 records
Markets served
HydroDive Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Offshore and Subsea Services: Project-based services including vessel operations (multipurpose support, diving support, heavy lift, crew transfer), diving operations (air, nitrox, saturation), ROV services, subsea inspection/repair/maintenance, offshore installation, testing and commissioning. Revenue generated through long-term contracts and project-based engagements with oil and gas companies.
- EPCIC Services: Engineering, Procurement, Construction, Installation and Commissioning services for offshore projects. Provides comprehensive project management from planning through execution to final handover.
- Equipment Rental: Specialized offshore equipment rental services for marine and subsea operations.
- Training Services: Professional training programs for offshore and diving personnel.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
HydroDive Group product offering
Product offeringCore offering
HydroDive Group provides specialized offshore and subsea services to the oil and gas industry, including EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) project delivery, air/nitrox and saturation diving operations, work-class and inspection-class ROV services, subsea inspection/repair/maintenance (IRM), non-destructive testing, and marine support through its fleet of DP2 multipurpose support vessels. The company also offers engineering solutions (pipeline installation and repair, fabrication, commissioning/decommissioning), equipment rental, and professional training for offshore and diving personnel, serving government agencies, marine contractors, and national and multinational energy companies across Africa, Asia, and the Americas.
Product overview
HydroDive Group offers a comprehensive portfolio of offshore and onshore services organized into three core service categories—Subsea Services, Marine Support Services, and Engineering Solutions—supplemented by Project Management, Equipment Rental, and Training services. The company operates a fleet of seven named vessels (HD Intervention, HD Enterprise, HD Pioneer, HD Contender, HD Steadfast, HD Scorpion, and Jack Sparrow) that serve as mobile platforms for delivering its subsea and marine services. Subsea Services encompass diving operations (Air & Nitrox, Saturation/HFR), ROV services (work-class and inspection-class), and NDT/IRM capabilities. Marine Support Services provide vessel operations, platform maintenance, and logistics. Engineering Solutions cover the full project lifecycle from commissioning to decommissioning, including pipeline installation and fabrication. The company also provides EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) services for integrated project delivery.
Differentiator
Problem solved
Functional benefit
Products and services
- Subsea Services Comprehensive subsea services for the offshore energy sector covering Air and Nitrox Diving Operations, Saturation Diving Services (including HFR systems), Work-Class and Inspection-Class ROV (WROV and iROV) Operations, Subsea Non-Destructive Testing (NDT) such as ultrasonic testing and cathodic protection surveys, and Subsea Inspection, Repair and Maintenance (IRM). Sold to national and multinational oil and gas companies, marine contractors, and government agencies requiring underwater intervention and asset integrity services.
- Marine Support Services Marine operations support including multi-purpose support vessel operations, diving support vessel operations, personnel living barge accommodation, heavy lift vessel operations, crew transfer and offshore logistics, offshore supply and cargo delivery, and ongoing offshore operations and maintenance. Delivered to oil and gas operators and marine contractors across West, Central, and Southern Africa.
- Engineering Solutions End-to-end engineering services covering facility commissioning and decommissioning, pipeline and flowline installation and repair, subsea tieback and tie-ins, fabrication, procurement support, offshore installation services, and offshore testing and commissioning. Provided as standalone engineering engagements or integrated within EPCIC project delivery for offshore energy clients.
- Project Management Services End-to-end project planning, execution, close-out, and compliance management for seamless offshore and onshore project delivery, covering the full project lifecycle for oil and gas, EPC, and government clients.
- Equipment Rental Rental of specialized offshore and subsea equipment to support client marine and subsea operations on a project basis.
- Training Services Professional training programs for offshore and diving personnel supporting capability development in offshore and subsea operations.
Quantifiable outcome
- Zero environmental impact during emergency deep-sea pipeline repair at 200m depth
- +2 more outcomes
Companies that use HydroDive Group
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
HydroDive Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
HydroDive Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- ChevroncoreChevron is a major international energy corporation and one of HydroDive's key clients. HydroDive provides SBM operations support including mooring, offloading, and routine integrity checks for Chevron's offshore operations.
- ExxonMobilcoreExxonMobil is a major international energy corporation and key client. HydroDive provides SBM maintenance, pipeline installation (OCIP II), pipeline repairs (RAEC), and engineering and installation of offshore pipeline systems.
- ShellcoreShell (including SPDC - Shell Petroleum Development Company) is a major international energy corporation and key client. HydroDive provides marine and subsea operations support including SBM refurbishment projects.
- AddaxcoreAddax is a major international energy corporation operating in Africa. HydroDive provides marine and subsea operations support.
- HyundaicoreHyundai is a major international EPC contractor. HydroDive provides marine and subsea operations support as part of EPC project execution.
- WAGP (West African Gas Pipeline)coreWest African Gas Pipeline Company operates the WAGP pipeline system. HydroDive has conducted multiple subsea pipeline repair and integrity restoration projects in the Lome/Togoland corridor.
- Atlantic Energy CorporationminorAtlantic Energy Corporation engaged HydroDive for emergency deep-sea pipeline repair at 200m depth in the North Atlantic in 2022. The project was completed in 14 days with zero environmental impact.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
HydroDive Group competitors and assessment
Company assessmentBroad incumbents
- McDermott International: Global EPCIC contractor specializing in offshore and subsea engineering, procurement, construction, and installation for the energy sector. Closely comparable to HydroDive's EPCIC and offshore installation services, with broader geographic and capability scope.
- TechnipFMC: Integrated subsea equipment manufacturer and EPC contractor providing subsea trees, umbilicals, installation, and IRM services. Comparable to HydroDive's subsea operations across installation and intervention, though TechnipFMC adds significant proprietary equipment manufacturing.
- Saipem: Major integrated EPCIC contractor with offshore drilling, subsea installation, and SURF capabilities. Overlaps with HydroDive's EPCIC service line and offshore installation scope, but Saipem's portfolio extends well beyond HydroDive's regional subsea IRM focus.
Direct peers
- DOF Subsea: Provider of subsea IMR, construction, and offshore vessel services worldwide. Closely comparable to HydroDive's IRM, ROV operations, and DP2 vessel charter offerings, with overlapping core service lines for offshore oil & gas clients.
- Van Oord: Dutch-based marine contractor specializing in offshore energy installation, dredging, and subsea cable/pipe lay with a sizable offshore vessel fleet. Comparable to HydroDive's offshore installation, heavy lift, and EPCIC capabilities.
- Bourbon Corporation: International offshore marine services company operating a fleet of OSVs including PSVs and AHTSVs, with strong West African presence. Comparable to HydroDive's vessel operations and offshore logistics offerings.
- Edison Chouest Offshore: Privately held global provider of offshore support vessels and subsea services, including ROV operations and IRM. Closely comparable to HydroDive's fleet-based subsea services model, with similar private-company culture and integrated service offering.
- Subsea 7: Global subsea engineering, construction, and services contractor offering SURF, subsea IRM, and vessel-based offshore solutions. Directly comparable to HydroDive's subsea installation, ROV, and IRM offerings, though at vastly larger scale and with global reach.
- Tidewater Inc. Largest pure-play operator of offshore support vessels globally, with significant West African exposure. Directly comparable to HydroDive's vessel operations business, though Tidewater's scale and PSV/AHTS focus differ from HydroDive's DP2 multipurpose support emphasis.
Regional players
- Seamec Limited: India-based provider of diving and offshore support vessel services for the oil & gas sector. Comparable service mix (diving, ROV, offshore support) to HydroDive, but operating primarily in Indian and Asian offshore markets rather than West Africa.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
HydroDive Group social profiles
Digital presenceHydroDive Group compliance and trust
Trust signalCompliance4 records
HydroDive Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
HydroDive Group leadership team
Management profileNumber of profiles
HydroDive Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HydroDive Group 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 HydroDive Group
What does HydroDive Group do?
HydroDive Group provides specialized offshore and subsea services to the oil and gas industry, including EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) project delivery, air/nitrox and saturation diving operations, work-class and inspection-class ROV services, subsea inspection/repair/maintenance (IRM), non-destructive testing, and marine support through its fleet of DP2 multipurpose support vessels. The company also offers engineering solutions (pipeline installation and repair, fabrication, commissioning/decommissioning), equipment rental, and professional training for offshore and diving personnel, serving government agencies, marine contractors, and national and multinational energy companies across Africa, Asia, and the Americas.
Is HydroDive Group a public or private company?
HydroDive Group is a private company. It is classified as unknown and is currently operating.
When was HydroDive Group founded?
HydroDive Group was founded in 1998. It employs 251 to 500 people.
Where is HydroDive Group based?
HydroDive Group is headquartered in Lagos, Nigeria, in the Africa region.
How does HydroDive Group make money?
Four revenue lines are on record. Offshore and Subsea Services are the primary driver. The others are EPCIC Services, equipment Rental and training Services.
Who are HydroDive Group's main competitors?
Broad incumbents on record are McDermott International, TechnipFMC and Saipem. Direct peers are DOF Subsea, Van Oord, Bourbon Corporation, Edison Chouest Offshore, Subsea 7 and Tidewater Inc.. Seamec Limited is listed as a regional player.
Does HydroDive Group have an API?
No public API is recorded for HydroDive Group.
What industry is HydroDive Group in?
HydroDive Group's product category is Offshore Oil and Gas Services. Its primary akta.pro industry code is EUALABAI, Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR), with a secondary code of EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters). Its NAICS code is 213112 and its SIC code is 1389.