The company said the agreement supports its strategy to expand into ultra-deepwater operations and international markets as it looks to build one of the world’s largest integrated marine platforms.
Astro Offshore is also expanding its fleet with the addition of Energy Savanah, which will be renamed Astro Atlas. The 2021-built 97-metre DP2 multipurpose support vessel is equipped with a 150-tonne subsea active heave compensated crane, a 25-tonne secondary crane, a moonpool, and accommodation for up to 100 personnel.
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The vessel is designed for offshore operations including subsea construction, cable laying and pipeline installation. APSEZ said Astro Atlas can operate in water depths of more than 3,000 metres, enabling Astro Offshore to enter the ultra-deepwater segment and take up more complex offshore projects. The company said the vessel’s DP2 system and design support offshore operations in challenging environments.
“This development supports APSEZ’s ambition to build a globally diversified marine platform. By combining Astro Offshore’s expanding high-specification fleet with Oceaneering’s deepwater engineering and ROV expertise, we are enhancing our capabilities in complex offshore operations while expanding into Europe,” said Ashwani Gupta, Whole-time Director and Chief Executive Officer (CEO), APSEZ.
Subsea activities involve underwater engineering work for offshore energy and marine infrastructure projects, including cable laying, pipeline installation, underwater construction, inspection, maintenance and intervention in deepwater environments. These projects require advanced vessels, remotely operated vehicle systems and specialised operational capabilities.
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Mark Humphreys, CEO, Astro Offshore, said: “The introduction of Astro Atlas significantly enhances our operational capability and underscores our continued investment in a modern, high-spec fleet, particularly in ultra-deepwater environments. As our largest and most capable vessel to date, she enables us to support a broader range of complex offshore operations and respond more effectively to evolving client requirements.”
APSEZ said the addition of Astro Atlas aligns with Astro Offshore’s strategy of acquiring younger vessels with advanced capabilities as it expands its offshore fleet. The company aims to build a 200-vessel fleet with specialised offshore capabilities and is targeting marine revenue of ₹6,000 crore and capital expenditure of ₹13,000 crore by FY31.
Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,689.00, down by ₹77.60, or 4.39%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
First Published: May 12, 2026 4:33 PM IST
