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June 13, 2018

Forum Energy to deliver SRV and ROV for an East Asian navy

US-based oilfield products company Forum Energy Technologies has secured a new order for the delivery of a submarine rescue vehicle (SRV) and remotely operated vehicle (ROV) for a navy in East Asia.

US-based oilfield products company Forum Energy Technologies has secured a new order for the delivery of a submarine rescue vehicle (SRV) and remotely operated vehicle (ROV) for a navy in East Asia.

The deal has been awarded by UK-based firm Submarine Manufacturing and Products and will see Forum Energy provide the two contracted vehicles, as well as associated launch and recovery systems.

The ROV and SRV units are slated to be delivered to the navy in 2019 and 2020 respectively.

“The choice of Forum’s Perry vehicles validates that our subsea technological capabilities are applicable to a wide range of uses outside of our traditional oil and gas arena.”

Forum Energy Technologies chief executive officer Prady Iyyanki said: “The choice of Forum’s Perry vehicles validates that our subsea technological capabilities are applicable to a wide range of uses outside of our traditional oil and gas arena.

“Our Subsea team has done a great job diversifying into other applications.

“This is the largest multi-year subsea order we have received since our 2012 IPO, and the first of the global non-oil and gas project awards we hope to obtain this year.”

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Forum’s SRV is an onboard-piloted rescue submarine that has been incorporated with the latest subsea vehicle technologies.

It will be capable of operating at depths more than 500m and is expected to have the capacity to accommodate up to 19 people.

The vehicle will also be fully integrated with a hyperbaric rescue facility provided by marine equipment firm SMP.

The Perry XLX-C series ROV has been designed to support the SRV during its missions by assessing and preparing a site for submersible rescue operations.

It is set to be equipped with Forum’s latest technology and will be capable of supplying specialist equipment such as emergency life support systems to distressed submarines.

The two navy vehicles will be designed and built at Forum Energy Technologies’ manufacturing facility in Kirkbymoorside, Yorkshire, UK.

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