What is the story about?
What's Happening?
Forum Energy Technologies (FET) has won a contract to upgrade two remotely operated vehicles (ROVs) for a global vessel operator. The upgrades will enhance the performance and reliability of the ROVs, incorporating FET's latest control system, ICE Unity, and proven system architecture. The contract follows recent sales of ROVs to various international clients, showcasing FET's commitment to providing advanced subsea solutions.
Why It's Important?
The contract highlights FET's role in advancing subsea technology, crucial for efficient and safe underwater operations. Upgraded ROVs offer improved capabilities, supporting longer-term projects and reducing offshore exposure. This aligns with industry trends towards sustainability and innovation in subsea operations, benefiting both operators and environmental initiatives.
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