Investors in subsea service firm Rovop have pumped millions of pounds more into the business and installed a new CEO.
There is a new boss at the helm of Scottish subsea robotics company Rovop today following a sudden change at the top.
Former EY Scottish entrepreneur of the year David Lamont has been unveiled as the new chairman of north-east subsea company Rovop.
The former chief executive of energy services firm Proserv has joined the board of Aberdeenshire subsea specialist Rovop.
The chief executive of energy services company Proserv, David Lamont, is stepping down following the completion of a restructuring deal which will see the firm taken over by its two largest lenders.
The private-equity owner of north-east energy service Proserv has underlined its faith in the business despite recent troubles.
North-east energy service Proserv has highlighted “proactive measures” to protect the business amid challenging trading conditions after a leading credit ratings agency delivered a grave assessment of its future prospects.
North-east energy service firm Proserv said yesterday it was setting up new bases in India and Saudi Arabia on the back of new contracts worth about £10million.
Industry body Subsea UK is urging firms to embrace the “new norm” in order to safeguard their future.
New figures showing a big jump in annual turnover capped an eventful week for north-east energy service firm Proserv.