Forum Energy Technologies Pushes for Growth in Asia

Monday, June 8, 2020

Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.

The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum for the sale of the company’s remotely operated vehicles (ROVs) in China, including its recently launched XLe Spirit electric ROV.

The vehicle, which recently completed a successful sea trial in Norway, is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough perform subsea maintenance and repair work, Forum said.

Kevin Taylor, Vice President -- Subsea Vehicles at Forum Energy Technologies, said: “We continue to see strong demand for our products in China and the wider Asian market, and recognized the need for a local partner to support our long-term growth strategy.

“It’s important that we work with the best and most well-respected partners in country and Wuxi Haiying-Cal Tec Marine Technology Co., Ltd provides us with another strong channel to complement to our existing framework across the academic, survey and energy markets.

"This agreement ensures that our clients in China receive the same streamlined and consistent support they are accustomed to around the globe. We look forward to engaging with new and existing companies through this partnership to grow our foothold in China and deliver our world-class range of reliable ROVs.”

Categories: Vessels Vehicle News Subsea Asia ROV & Dive Support China

Related Stories

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Big Oil to Reap Billions from Energy Price Surge

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Iran to UN: 'Non-Hostile' Ships Can Transit Strait of Hormuz

TVO Customizes Tethered BOP Technology

Iran War Exposes Risks of Fossil Fuel Dependence

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Current News

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Magazine

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com