ROVOP acquires M2 Subsea's entire ROV fleet
ABERDEEN -- ROVOP, the independent provider of underwater remotely operated vehicles (ROVs), has today announced the purchase of the entire fleet of 28 ROV systems from M2 Subsea.
The fleet expansion will enable ROVOP to better support customer operations in the future by strengthening deployment capabilities across the world, with a particular focus on Latin America, Africa, Middle East and Asia.
The acquisition of this fleet is consistent with ROVOP’s long held growth strategy of providing a focused ROV service to its customers in all markets and geographies. The fleet is expected to be deployed in the vessel and rig markets.
Following a technical review, 19 of these systems meet the ROVOP standard and will be added to its fleet, with the remaining ROVs either being decommissioned or sold. This will increase the number of ROVs that ROVOP operates to 51---34 hydraulic systems and 17 electric systems.