Forum Energy Technologies Wins Contract for ROV Upgrades

Forum Energy Technologies (FET) has secured a contract to upgrade two remotely operated vehicles (ROVs) for a global vessel operator. The upgrades ...

Summarized by AI ⓘ

What is the story about?

What's Happening?

Forum Energy Technologies (FET) has secured a contract to upgrade two remotely operated vehicles (ROVs) for a global vessel operator. The upgrades will include FET's latest control system, ICE Unity, and other advanced components. The contract follows recent sales of ROVs to various international clients, showcasing FET's expertise in subsea technology.

Why It's Important?

The contract underscores FET's role in advancing subsea technology, crucial for offshore operations. Upgraded ROVs enhance performance and reliability, supporting complex underwater tasks. This development reflects growing demand for innovative solutions in the subsea sector, driven by sustainability and efficiency goals.

What's Next?

FET will provide ongoing support and protection from obsolescence for the upgraded systems. As the subsea industry evolves, FET's advancements may lead to further contracts and collaborations, promoting technological progress and environmental initiatives.