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NSRI

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ROVOP Announce £3m of New Contract Wins

ROVOP Announce £3m of New Contract Wins

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03 December 2015

Today, independent subsea remotely operated vehicle (ROV) service provider ROVOP has announced £3m worth of new contract wins in the last month across the oil and gas, offshore wind and power transmission sectors.

This work, awarded during November, with four new clients is based in multiple geographic locations in the North Sea, Mediterranean and West Africa and includes survey, plough support, unexploded ordnance (UXO) survey, cable repair and construction.  As well as SAAB Seaeye remotely operated vehicles, the contracts will see four of ROVOPís fleet of FMC Technologies Schilling Heavy Duty (HD) vehicles being mobilised.

Euan Tait, commercial director, said: "Having very recently joined ROVOP, I am encouraged by both the contract awards and positive momentum in building our future pipeline of work in what remains a challenging market. As a result of this upcoming work, we anticipate increasing our offshore workforce by approximately 10 percent, much of which will be focused on our Houston operation. This follows the successful establishment of our office there earlier this year and the completion of several workscopes in the US Gulf of Mexico, Central and South America over the past two years.  

"Current market conditions have resulted in clients re-evaluating their requirements. These wins are a testament to ROVOPís ability to lower total project cost by using more efficient automated, modular systems with diagnostics that save vessel and rig time in the field.  We believe the industry will increasingly look to solutions like ROVOP to meet business objectives.Ē