Deep Onshore Services Private Limited entered into a letter of interest to acquire Assets of Dolphin Offshore Enterprises Limited.

Dolphin Offshore Enterprises (India) Limited is an India-based company, which is a provider of underwater services to the Indian oil and gas industry. It has developed a diversified portfolio for undertaking turnkey projects involving sub-sea and marine services and as an EPC contractor. Its services include diving & underwater services, fabrication/ installation, turnkey EPC projects, rig repairs & ship repairs and design engineering. It offers comprehensive underwater services, including air, mixed gas and saturation diving services, to the Indian offshore oil & gas industry. It provides repair facilities to ships and drilling rigs, in dry dock, as well as in floating condition. It provides a range of repair services, including hull repairs, electrical, air conditioning, refrigeration, engines (overhauls and replacement), piping and deck repair works. It also provides onshore fabrication services to oil and gas refining and processing facilities, ports and nuclear power plants.