What's Happening?
Forum Energy Technologies (FET) has announced a significant contract with Marine Platforms (MPL), a Nigerian oil and gas company, to supply two of its latest work class remotely operated vehicles (ROVs), the XLX EVO III. This marks the first sale of the XLX EVO III model,
which is designed for ultra-heavy-duty subsea operations. The ROVs are equipped with advanced features, including larger thrusters for enhanced water performance, an improved buoyancy package, and a payload capacity of 350 kg. Additionally, the ROVs feature a new bolted frame for better maintenance access and tooling capability, and a through-frame-lift capacity increased to 4000 kg. The vehicles will also include updated pilot chairs and FET’s next-generation control software, ICE Unity, which supports remote operations and 24-hour support. The ROVs are set to be manufactured at FET’s UK facility, with delivery expected in May 2026.
Why It's Important?
This contract is a significant milestone for FET, as it not only represents the first deployment of the XLX EVO III model but also strengthens the company's presence in the African market, which is known for its challenging entry barriers. The advanced capabilities of the ROVs are expected to enhance MPL's operational efficiency in subsea tasks, potentially leading to increased productivity and reduced operational costs. For the broader subsea industry, this development underscores the growing demand for advanced underwater technology that can support a wide range of applications, from traditional energy sectors to sustainable energy and telecommunications. The contract also highlights the ongoing growth and innovation within the subsea technology sector, which is crucial for supporting global energy and resource extraction efforts.
What's Next?
The delivery of the ROVs is scheduled for May 2026, and their deployment will likely be closely watched by industry stakeholders. Successful implementation could lead to further contracts for FET, both within Africa and globally, as companies seek to leverage advanced subsea technologies. Additionally, the performance of the XLX EVO III in real-world conditions will provide valuable data for FET, potentially informing future product developments and enhancements. As the subsea industry continues to evolve, companies like FET that can offer cutting-edge solutions are well-positioned to capitalize on emerging opportunities.
