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

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Toyo, OneSubsea Form Subsea CCS Partnership

Borr Drilling Expects Higher Activity as Rigs Return to Work

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Middle East Producers Gear Up for Hormuz Export Restart

OceanAlpha Shares USV Offerings at Oi26

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

Current News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

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