ROVOP

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Rovop director to head up US operations

A remotely operated vehicle (ROV) service provider based in Aberdeen has bolstered its US team after winning a raft of contracts worth around $19million (£15million) including a two-year deal with a Houston-based global company.   Rovop has appointed Euan Tait as president of the company’s US operations, while Katarina Tehlirian takes up the post of VP business development. Both will be based at the company’s Houston hub with Mr Tait taking over from Wayne Betts who is moving across to establish Rovop’ s operations in Brazil.   Mr Tait is a member of Rovop’s board and will continue his role as commercial director while heading up the US operations with the support of general manager, Neil Francis, in the western region   Ms Tehlirian, who joins the company from Subsea 7, has extensive business development experience in the US subsea sector and has previously worked with DOF Subsea and Canyon Offshore.   Steven Gray, chief executive at Rovop, said: “This is a great start to Q2 in 2017. The growth in our US team strongly positions Rovop for further growth in the region while the substantial new long-term contracts we’ve won demonstrates that, in a challenging market, our industry is changing and becoming more efficient, using technology and new working practices to lower cost and risk.   “As such, Rovop anticipates a record year in 2017 because our service and equipment is aligned with the future needs of the industry. While prolonged oil and gas market downturn is still hurting our industry, we believe there is much to look forward to.”   Rovop’s latest contract wins include a two-year deal with a Houston-based global oil & gas engineering company and a five-year contract with a European power cable installer. The firm has also secured a three-year contract with Centrica E&P to provide ROV services to the UK based oil & gas operator. The agreement will see Rovop support Centrica across multiple work scopes including drill support, decommissioning, and inspection, repair and maintenance (IRM).   In addition, Rovop is preparing to execute innovative platform-based asset life extension work for a UK operator to help boost hydrocarbon recovery.

Oil & Gas

Rovop adds to collection of ministerial visits – and hails $4m of new business

Aberdeen-based remotely operated vehicle (ROV) service provider Rovop has announced over $4million (£3million) of contract wins spanning the North Sea, Gulf of Mexico, West Africa and Europe. The company, which was visited by Greg Clark during his first visit to Aberdeen in his role as the Secretary of State for Business, Energy and Industrial Strategy, has been awarded several new contracts across the oil and gas and offshore wind sectors. The contracts are with several new clients across a number of sectors and include construction support, cable lay and protection, survey and inspection repair and maintenance (IRM).

People

ROVOP strengthens team with new commercial director

ROVOP has strengthened its team with the appointment of a new commercial director to its senior executive team and board. Euan Tait will join the company from professional services firm KPMG having spent his career in a number of roles within corporate finance and oil and gas. Steven Gray, ROVOP chief executive, said: “Euan brings more than 10 years of commercial experience to ROVOP. His network, knowledge of the industry and blend of energy and structured thinking will undoubtedly strengthen our senior team and add value for our clients."

Oil & Gas

ROVOP wins £2.5million worth of new contracts

ROVOP has won more than £2.5million worth of new contract wins in the last month across the oil, gas and offshore wind markets. The Aberdeen company said the contracts had been netted from both its office in the city as well as its Houston base. The work scopes for the projects, which extend into the third quarter of next year, include inspection, repair and maintenance (IRM) on several major North Sea operators' platforms.

Oil & Gas

ROVOP boosted by £10million of new investment

Remote-operated vehicle firm Rovop unveiled its £4.2million headquarters in Aberdeen yesterday and announced that it had received £10million of new investment. The cash injection from the Business Growth Fund (BGF) – a company with £2.5billion of capital and the backing by five UK high-street banks – will be used to help Rovop swell its fleet of ROVs to 50 from 15 over the next three years. Rovop chief executive Steven Gray said the funding boost had come at a “particularly opportune time”, as the company looks to capitalise on the oil price downturn by providing operators with more cost-effective subsea services.

Americas

ROVOP builds American base

Aberdeen-based ROV services provider, ROVOP, has established a Western Hemisphere headquarters and support base in Houston and appointed three highly-regarded ROV industry professionals to lead the business. Scott Wagner, Brett Eychner and Wayne Betts bring a combined total of more than 100 years’ global experience in the ROV services sector to ROVOP. They join an established management team and staff of 130 based in Aberdeen. The company’s client portfolio includes oil and gas, offshore wind and telecommunications companies.