Red7Marine Offshore expands ROV fleetVessel & ROV News // November 25, 2014
Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs).
The eight observation class ROVs add a new strand to the widening portfolio of solutions offered by the offshore and subsea contractor. The investment – part of a £25 million investment in equipment this year - also secures more skilled jobs at its Great Yarmouth base. It is the only fleet based in and operating from the East of England providing a complete range of turnkey subsea services.
Such is the demand, the ROVs are already engaged on subsea services for clients in offshore drilling, inshore renewables, cable laying and inland water industries.
The acquisition is the first step in a wider ROV services plan for the company, including a future purchase of larger ROV systems.
The ROV rental business was purchased from Forum Energy Technology, bringing jobs for supporting staff.
Chief executive Martin Myhill Sisley said: “This investment represents an exciting first step for us in an area of the business that we have already been working and one that we intend to grow with the likely addition of larger ROV systems in the near future.
“An in-house ROV capability along with Red7s’ diving experience strengthens the company’s already significant subsea expertise. This in turn enables us to provide our customers with best-fit solutions, be it from either our own fleet of vehicles or with a managed subcontractor offering larger work class ROV services.”
They are already working on ROV projects, supporting both the company’s diving operations and as stand-alone projects.
Lachlan Filshie, business development manager, said: “We will be growing our ROV business whilst continuing to provide standalone ROV services to our clients in addition to offering much wider turnkey vessel and subsea services.”
Earlier this month, the company announced the acquisition of a new saturation diving vessel, Red7 Alliance, launching its activity in saturation diving, leading to new on and offshore jobs.