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ROVOP details new contracts

12th August 2016 - 09:30 GMT | by Shephard News Team

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ROVOP has announced $4 million in new contracts from unnamed customers in the North Sea, Gulf of Mexico, West Africa and Europe. The company announced the contracts on 10 August.

The contracts span the oil and gas and offshore wind sectors, with work to include construction support, cable lay and protection, survey and inspection repair and maintenance.

ROVOP is an independent subsea remotely operated vehicle (ROV) service provider.

Steven Gray, CEO, ROVOP, said: ‘I am encouraged by the contract awards and continued positive momentum in increasing both our client base and future pipeline of work. As a result of these awards, we are increasing our offshore workforce across both Aberdeen and Houston. It’s clear that the market remains challenging, however, ROVOP continues to win work by focussing on saving cost for our customer.

‘The continued prolonged market downturn has been significant. However, this downturn will undoubtedly create opportunity for those companies who address the current challenges and adapt to the new market environment. This flexible approach, along with looking to increase cost efficiencies to clients should ensure we continue to be well positioned in our target markets going forward.’

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