ROVOP and WFS Join Forces to Slash OPEX
ROVOP, a remotely operated vehicle (ROV) service provider, and WFS Technologies, developer of wireless instrumentation and control solutions, have teamed up in effort to, reportedly, reduce certain operating costs by up to 80% and extend asset life by years.
To launch the collaboration, the two companies recently held a live demonstration of ROV-deployed wirelessly enabled products at ROVOP’s Aberdeen headquarters using its underwater test facility and one its fleet of light work class ROVs.
Applications for the technology include fatigue monitoring by retrofitting instrumentation to platforms, moorings, and other subsea structures that de-risk ageing structures and enable life extension while avoiding significant capex. The collaboration between the two companies allows, in some cases, for the installation of monitoring systems, which are then paid for as an operating expense over their useful life.
Steven Gray, ROVOP CEO, said: “ROVOP was founded on a commitment to offer clients the latest technology which has a positive impact on their bottom line. Our innovative approach to ROV services has seen us leading cost-saving initiatives for clients and WFS’ focus on next generation technology is aligned to this strategy. We are delighted to be working with WFS to install, service and collect data from this key technology of the future for our industry.”
Brendan Hyland, chairman at WFS, said: “Subsea wireless is a key enabling technology to achieve the aggressive reductions in operating costs required in today’s environment.”