By Deep Ocean

CTC Marine Projects, Ltd., (“CTC” or the “Company”), part of DeepOcean Group Holding AS (“DeepOcean Group”), an integrated provider of subsea engineering and trenching services, today announced the appointment of Tony Inglis as new Managing Director, effective from April 1 2012.

Tony, who is a chartered engineer, previously held the position as Managing Director at CTC from June 2006 through October 2008. Under Tony’s leadership the company performed well and his re-appointment is a very positive step in the development of CTC.

Prior to Tony’s appointment, Bart H. Heijermans, the global CEO of DeepOcean Group, served in this role as well. Tony will report to Bart, who will now be released from the role to focus on leading the DeepOcean Group, of which CTC Marine Project is a part.

“I strongly believe that Tony’s leadership and project delivery skills will be instrumental in the continued development of CTC. His decision to re-join CTC is a sign of confidence in the potential of our company and the quality of our employees,” says Bart Heijermans.

“Tony shares our ambition to make CTC the world’s premier seabed intervention company and the “employer of choice” in the North East of England.”

Before joining CTC in 2006, Tony worked for Clough in Australia, UK and Norway and managed various Clough joint venture companies such as Sonsub Clough and SaiClo. After 2008, Tony successfully ran his own consultancy business working with a number of subsea companies.

Tony’s appointment is appropriately timed as DeepOcean Group’s global businesses will shortly be coming together under one name, designed to mirror the transformation of the organisation over the last year as it operates as one company with an ambition to embark upon renewed and controlled growth.

About Deep Ocean Group

DeepOcean Group is an integrated provider of comprehensive subsea engineering solutions and has a demonstrated track-record in highly-engineered, complex subsea construction projects for the oil & gas, offshore wind and telecommunication industries. The company has a capable fleet of subsea vessels, ROVs, and trenching assets. DeepOcean Group strives to be among the safest subsea operators in the industry and its relentless commitment to safety for its employees without sacrificing quality service for its customers, distinguishes the company from its peers. The company is a leading IMR contractor and trenching operator in Norway and the North Sea, with an unparalleled track record in engineering and project management, and has a global presence with offices in Norway, UK, Brazil, Mexico and Singapore.