What Seabed Solutions does

Seabed Solutions AS is a Norwegian subsea engineering company founded in 2015 and headquartered in Søgne, Norway. The company was established by the former management team of Scanmudring — including Managing Director Christian Aas, Chief Technical Manager Bård Brekke Jørgensen, and Executive Chairman Hans Petter Klohs — and operates with a lean team of approximately 10 employees. Seabed Solutions designs, builds, and operates proprietary subsea excavation and dredging equipment for offshore intervention, including the Seabed Excavator (a heavy platform-based excavator that stands on the seabed and delivers centimeter-precision work around live pipelines, unlike hovering ROVs), the GTO Subsea Dredge System (capable of moving 130-260 tons of seabed mass per hour), and supporting Subsea Grabs and Subsea Baskets for material handling.

The company generates revenue through three streams: hardware sales and rental of its subsea equipment, project-based subsea services (including oil and gas decommissioning, offshore wind cable burial and foundation preparation, and deep-sea mining support), and operations support deploying highly experienced offshore personnel. Sales are conducted via direct enterprise field sales targeting offshore developers in oil & gas, offshore wind, subsea mining, and aquaculture, with project-based quoting and no public pricing. Distribution is amplified through a strategic channel partnership with Claxton (Acteon), which bundles Seabed Solutions' dredging and excavation capability into decommissioning contracts alongside combined offshore crews.

Customer concentration is narrow but enterprise-grade: Deep Ocean Group uses Seabed Solutions for offshore operations support, and Adepth Minerals partners with the company for sustainable deep-sea mineral extraction. In December 2022, Seabed Solutions joined a consortium led by the Research Council of Norway, Innovation Norway and Siva — along with DeepOcean, NOV and AkerBP — that was awarded a NOK 70.8 million Green Platform grant to develop a Norwegian seabed mineral value chain, positioning the company for the nascent deep-sea mining market alongside its existing decommissioning and offshore wind work.

Name

Seabed Solutions

Legal name

Seabed Solutions AS

Website

https://seabed-solutions.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Seabed Solutions AS is a Norwegian subsea engineering firm that designs, builds, and operates proprietary excavation and dredging equipment for offshore developers in oil & gas decommissioning, offshore wind, and deep-sea mining.

Ownership category

akta.pro rank

Product category

Subsea Construction Equipment

NAICS

Support Activities for Water Transportation (4883)

SIC

Oil & Gas Field Machinery & Equipment (3533), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI)

akta.pro secondary industry

Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ)

Keywords

• Subsea excavation equipment
• Seabed intervention services
• Offshore dredging systems
• Subsea construction machines
• Offshore decommissioning services

Headquarters

HQ city

Søgne

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Equipment Sales and Rental: Sale and rental of subsea excavation and dredging equipment including Seabed Excavators, GTO Subsea Dredge Systems, Subsea Grabs, and Subsea Baskets.
2. Subsea Services: Project-based services including seabed intervention, decommissioning of oil and gas installations, cable burial for offshore wind, and deep-sea mining support. Services are typically long-cycle enterprise engagements.
3. Operations Support: Provision of highly experienced offshore personnel with operators having over 1000 days of subsea dredging experience.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Seabed Solutions designs, manufactures, sells/rents, and operates proprietary subsea construction machines — including the Seabed Excavator, Subsea Dredge systems (including the GTO Subsea Dredge System), Subsea Grabs, and Subsea Baskets — for precision seabed intervention. The company delivers project-based subsea services to offshore wind developers, oil & gas operators (decommissioning), deep-sea mining companies, and aquaculture operators, deploying its own equipment with experienced offshore personnel.

Product overview

Seabed Solutions is a subsea construction machines company that builds and operates powerful subsea equipment. The company's product portfolio centers on four core offerings: the Seabed Excavator for precision seabed work at depth, the Subsea Dredge for high-capacity sediment removal, and associated Subsea Grabs and Subsea Baskets for material handling. Seabed Solutions also acquired the GTO Subsea Dredge System brand to expand its dredging capabilities. The company provides subsea intervention services across offshore wind, oil and gas decommissioning, deep-sea mining, and aquaculture sectors. The Seabed Excavator serves as the primary precision platform, while the Subsea Dredge and GTO systems provide high-volume material removal capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Seabed Excavator A heavy platform-based subsea excavation machine that stands on the seabed to deliver centimeter-precision dredging and excavation around live pipelines and infrastructure, used for construction work, pipeline maintenance, and seabed intervention at depth.
• Subsea Dredge A powerful subsea dredging system that works like a vacuum cleaner to remove soil, rocks, and seabed sediments, capable of moving 130–260 tons of seabed mass per hour depending on conditions. Can be ROV-operated or diver-controlled.
• GTO Subsea Dredge System An acquired high-performing subsea dredge system capable of moving 130–260 tons of seabed mass per hour, expanding Seabed Solutions' dredging capacity to serve the offshore wind market.
• Subsea Grabs Subsea grabbing equipment used for handling and manipulating objects on the seabed during underwater operations, complementing the Seabed Excavator and Subsea Dredge systems.
• Subsea Baskets Subsea basket equipment used for collecting and transporting materials during seabed intervention operations, complementing the dredge and grab systems.
• Subsea Intervention Services Project-based subsea intervention services delivered across four sectors: offshore wind (cable burial, jack-up site preparation, foundation installation support), oil & gas (decommissioning of outdated production sites, returning subsea sites to natural state, biodiversity restoration), subsea mining (exploration and extraction of copper, zinc, cobalt), and aquaculture (aquafarm mooring and seabed preparation).
• Operations Support / Personnel Provision Provision of highly experienced offshore personnel — operators with over 1,000 days of subsea dredging experience — to support seabed intervention operations worldwide.

Quantifiable outcome

• GTO dredge capacity: 130-260 tons of seabed mass per hour
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Claxton (Acteon)coreChannel Partner/ Reseller/ Distributor · 24 May 2022Collaboration agreement with Claxton, a brand in marine energy and infrastructure services company Acteon, to add value to decommissioning projects. Simplifies procurement, increases project execution efficiency and reduces costs by offering wider range of dredging, excavation, cutting and decommissioning equipment through one contract, single interface, and combined offshore crew.
• Adepth MineralscoreStrategic or Co-development PartnerPartnership with Adepth Minerals for sustainable deep sea mineral extraction. Adepth's mission is to find and extract commercial deep sea minerals through sustainable marine operations using new technology with low carbon intensity, integrating big data and AI for prospect analysis and risk assessment.
• DeepOceanminorStrategic or Co-development PartnerConsortium partner in Green Platform project for seabed minerals, contributing to sustainable supply chain development.
• NOV (National Oilwell Varco)minorStrategic or Co-development PartnerConsortium partner in Green Platform project, providing technology expertise for seabed mineral extraction.
• AkerBPminorStrategic or Co-development PartnerConsortium partner in Green Platform project for seabed minerals development.

Scale indicators4 records

Recent moves6 records

Expansion highlights12 records

Broad incumbents

• Helix Energy Solutions: Subsea well intervention and decommissioning services provider, particularly for oil & gas; overlapping capability set with Seabed Solutions in subsea intervention around live infrastructure.
• Subsea 7: Global subsea engineering, construction and services company for offshore oil & gas and renewables; provides SURF, IMR and offshore wind installation services that overlap with Seabed Solutions' intervention and cable-burial offerings.
• DEME Group: International dredging, marine engineering and offshore renewables contractor competing in offshore wind cable installation, seabed preparation, and subsea rock placement; much larger scale and broader geographic footprint.
• Saipem: Major offshore EPCI and subsea services contractor with capabilities in offshore wind foundations, SURF, and decommissioning; broad incumbent with overlapping end markets but much wider portfolio.
• Royal Boskalis Westminster: Large-cap dredging and offshore marine contractor with significant subsea trenching and cable installation capabilities for offshore wind and oil & gas decommissioning; broader portfolio than Seabed Solutions but overlapping core capability set.

Direct peers

• Van Oord: Global marine contractor providing subsea cable burial, seabed preparation, and dredging services for offshore wind and oil & gas; competes with Seabed Solutions in trenching and excavation work but at substantially larger scale.
• DeepOcean: Subsea services contractor offering IMR, trenching, cable installation and decommissioning in offshore wind and oil & gas; Seabed Solutions is already a DeepOcean partner in the Green Platform consortium, and the DeepOcean CEO quote confirms a direct commercial relationship.
• MMT Group: Specialist marine surveying and subsea intervention company providing seabed mapping, trenching support and IMR services; closely comparable niche focus and customer base to Seabed Solutions.
• Reach Subsea: Norway-based subsea services company focused on IMR, survey and light construction for offshore energy; directly comparable size and Norwegian footprint, with overlapping service lines to Seabed Solutions.
• DOF Subsea: Subsea IMR, construction and survey services provider for the offshore oil & gas and renewables markets; competes most directly with Seabed Solutions in seabed intervention and inspection work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/seabedsolutions
• LinkedInlinkedin.com/company/seabed-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Seabed Solutions