ROV Inspection Firm Wins New Business

Aberdeen and Houston-based remotely-operated vehicle firm ROVOP announced Wednesday that it has won more than GBP 2.5 million ($3.9 million) of new contracts with oil, gas and offshore wind customers in the last month.

Work scopes for the projects, extending into Q3 2016, include inspection, repair and maintenance (IRM) on several major North Sea operators' platforms, pipeline route survey in the Mediterranean and supporting the installation of an offshore wind platform off Germany. In addition to this, the company has also signed a multi-year frame agreement with a major vessel owner for ROV services.

ROVOP CEO Steven Gray commented in a company statement:

"ROVOP's approach is to deploy the most advanced, reliable and maintainable ROV technology, world-class business systems and the best offshore personnel trained in our own ROVOP Academy.

"Despite the current downturn in the oil industry, the contracts won in the last month see our vehicles and personnel working with four new clients across seven client assets. Following the opening of our Western Hemisphere headquarters in Houston in April, appointment of our local team and the successful delivery of our ROV equipment in August, this also includes the first mobilisation from our U.S. facility which is a major step for ROVOP."

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