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ROVOP

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.