ROVOP invests £4million in ROVs

March 4, 2013

Subsea services specialist ROVOP has announced £4million of investment in two new ROVs (remotely operated vehicles).

ROVOP, which also strengthened its management and onshore support team earlier this year, has invested in a 3,000m rated, 150 horsepower work class Schilling HD ROV which follows an identical system delivered last month (February).

The second new addition involves ROVOP investing in an additional SAAB Seaeye Cougar XT ROV system, specially selected by the company for its powerful yet compact features.

The firm, based out of Westhill, near Aberdeen, said the two new ROV systems were due to be delivered within the next two months.

The company’s latest additions to its fleet come just weeks after the Aberdeenshire-headquartered company announced that it had signed £3.5million of contracts in January alone, ensuring a strong order book for 2013.

The investment announcement was made as the UK's Secretary of State for energy and climate change Ed Davey visited the firm's base.

He described ROVOP as "a leading specialist in its field" and one which is ensuring that the country remains at the global vanguard of the energy industry.

“It is an example of how British companies are playing a pivotal role in ensuring that the UK remains at the global vanguard of the energy industry by capitalising on their expertise and reputation for innovation,” he said.

Award-winning subsea specialist ROVOP, which has created more than 40 highly skilled, export-driven jobs in the last 18 months.

Steven Gray, managing director at ROVOP, said: “It is with great pride that we show the Secretary of State one of our industry-leading subsea vehicles. ROVOP’s success demonstrates the potential for Aberdeen City and Shire's to capitalise on its expertise and cement the region’s position as a global centre of excellence in subsea engineering.

“ROVOP represents a new generation of service and technology led businesses in the energy sector operating globally from a UK base. This is a key growth sector which is increasing its exports - for example, ROVOP generates around 75% of its revenues internationally.”

ROVOP's growth since it was founded in 2011 has been supported by both the Scottish and UK governments.



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