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ROVOP and WFS Technologies Announce Collaboration to Drive Down Subsea Costs

ROVOP and WFS Technologies Announce Collaboration to Drive Down Subsea Costs

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01 February 2016

Independent subsea remotely operated vehicle (ROV) service provider ROVOP and wireless instrumentation and control solutions developer WFS Technologies have today, (Monday 1st February), announced a new collaboration effort to reduce certain operating costs by up to 80% and extend asset life by years.

To launch the collaboration, the two companies recently held a live demonstration of ROV-deployed wirelessly enabled products at ROVOP’s Aberdeen headquarters using its underwater test facility and one its fleet of light work class ROVs.

Applications for the technology include fatigue monitoring by retrofitting instrumentation to platforms, moorings, and other subsea structures that de-risk ageing structures and enable life extension while avoiding significant capex. The collaboration between the two companies allows, in some cases, for the installation of monitoring systems, which are then paid for as an operating expense over their useful life.

Based in Livingston, Scotland, WFS Technologies provides its clients in the oil, gas, renewables, defence and consumer industries with subsea wireless control and monitoring systems. It has delivered wireless asset integrity monitoring systems to operators in the North Sea, Gulf of Mexico and Australia over the last two years. WFS plans to offer further savings to customers through this partnership with ROVOP as it allows integrated installation, equipment servicing and data gathering to be provided and paid for through a single fixed monthly charge.

Brendan Hyland, Chairman at WFS, said: "Subsea wireless is a key enabling technology to achieve the aggressive reductions in operating costs required in today’s environment.”

Steven Gray, ROVOP CEO, said: "ROVOP was founded on a commitment to offer clients the latest technology which has a positive impact on their bottom line. Our innovative approach to ROV services has seen us leading cost-saving initiatives for clients and WFS’ focus on next generation technology is aligned to this strategy. The industry must change and just as wireless technology has fundamentally changed the business world onshore, it will happen offshore and subsea in the coming years. ROVOP is delighted to be working with WFS to install, service and collect data from this key technology of the future for our industry.”