Broussard-based Delmar Systems, a supplier of offshore mooring and subsea services, has purchased InterOcean Systems of San Diego, Calif. Both companies are privately held, and the terms of the transaction were not disclosed.
Since 1946, InterOcean Systems has been designing and manufacturing oceanographic and environmental equipment and systems, including its proprietary Rig Anchor Release and other specialized equipment like its remote oil spill detection system called Slick Sleuth.
Brady Como, Delmar’s executive vice president, said in a press release that InterOcean’s products and services will enhance Delmar’s product offerings beyond the oil and gas industry. In addition to serving the offshore oil and gas industry, InterOcean’s clients across more than 60 countries include the scientific and academic communities, military and private industry in fields such as harbor and port monitoring, fisheries and survey/consultants.
InterOcean Systems' existing management is being retained, and the company will operate as an affiliate of Delmar Systems.
Delmar’s locations — it also has offices in Houston and Perth, Australia — have provided mooring and subsea installation services for more than 48 years to every oil and gas region in the world.