Private-equity firm buys Huntly-based pipeline welder in multimillion pound deal
An Aberdeenshire oil and gas pipeline welding company has been snapped up by a private-equity firm in a multi-million pound deal.
ROVOP
Rovop expands into Europe to create Brexit buffer
A north-east underwater robotics firm has expanded into mainland Europe to meet growing demand and ready itself for Brexit.
Robots battle it out to earn prizes for pupils
The engineers of the future went head-to-head at Robert Gordon University (RGU) last month when they put underwater robots, which they designed and built, to the test as part of an annual competition.
Rovop boss to tell of entrepreneurial journey at Gleneagles event
Rovop boss Steven Gray will join the line-up of speakers at the prestigious Entrepreneurial Scotland annual summit at Gleneagles on April 25.
New chairman for north-east subsea firm announced
Former EY Scottish entrepreneur of the year David Lamont has been unveiled as the new chairman of north-east subsea company Rovop.
New ROV job for M2 Subsea boss after firm ‘shuts’
The boss at M2 Subsea (M2S) has jumped ship to another remotely-operated-vehicle (ROV) specialist after “winding down” the firm -- less than three years after its launch.
Former Proserv boss joins Rovop
The former chief executive of energy services firm Proserv has joined the board of Aberdeenshire subsea specialist Rovop.
Rovop expands in Middle East with new base
A north-east supplier of remotely operated vehicles (ROVs) has opened a new base in the Middle East as part of its expansion drive.
M2 Subsea consulting employees following sale of entire fleet
A north-east remotely-operated vehicle (ROV) specialist has launched a consultation process with employees.
ROVOP announces underwater fleet expansion
A north-east firm, which provides the use of underwater remotely operated vehicles (ROVs), has announced the purchase of the entire fleet of 28 systems from M2 Subsea.
Rovop turns over almost £20m
Remotely-operated vehicle (ROV) company Rovop, of Westhill, Aberdeenshire, is celebrating bumper sales.
Rovop expands fleet after £56m cash injection
An Aberdeenshire remotely-operated vehicle (ROV) firm has expanded its fleet after receiving £56million worth of new funding.
‘Brexit will help North Sea cut red tape’, UK minister says
A UK Government minister tasked with managing Brexit said there are opportunities for the struggling oil and gas sector to cut red tape after Britain leaves the EU.
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.
Fifth Aberdeen-Houston gateway welcomes largest international delegation yet
An event celebrating the business links between the north-east and Houston has marked its landmark fifth anniversary by welcoming its largest ever international delegation.
Fifth annual Aberdeen-Houston Gateway is under way
A celebration of north-east technology has heralded the start of a week-long international business event in Aberdeen.
Rovop on the mend after loss of key customer
North-east firm Rovop, which specialises in all aspects of subsea remotely-operated vehicles, has reported confidence in its prospects as it strives to diversify.
Rovop gives 8 pupils a spin on ROV simulator
Aberdeenshire-based Rovop has shown a group of north-east pupils the ropes in an effort to improve subsea industry’s appeal among young people.
Rovop overcomes Ceona collapse to achieve strong growth
Aberdeenshire-based Rovop overcame the collapse of one of its main clients to record revenue growth in the second half of its financial year.
Rovop to increase Houston headcount 10% after contract wins
Aberdeenshire-based remotely-operated vehicle (ROV) service provider Rovop will increase its Houston headcount by 10% this year.
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).
New initiative aims to inspire North Sea future stars
Around 30 engineering and science students aged between 15 and 17 from Glenwood High School, Glenrothes and Kirkcaldy High School in Fife are travelling to Aberdeen to gain a deeper insight into the underwater world and learn about the diverse range of career opportunities available to them.
Rovop seals deals worth £3million
Rovop, which specialises in all aspects of subsea remotely-operated vehicles, is celebrating £3million-worth of new contracts and expansion into new markets.
Rovop makes loss after after Ceona collapse
An Aberdeen-based remote operated vehicle (ROV) specialist has booked a £3.8million hit to its bottom line after its major customer Ceona went into administration last year.
ROVOP looks to increase workforce after contract windfall
ROVOP has confirmed plans to increase its offshore workforce after winning a string of contracts, totalling £3million.