The Chouest group has announced its acquisition of ROVOP, a provider of remotely operated vehicle (ROV) services. The move propels Chouest, in conjunction with its subsea service arm, C-Innovation, into control of a fleet comprising over 100 ROVs and six autonomous underwater vehicles (AUVs).
By integrating ROVOP into its fold, Chouest said it not only broadens its service spectrum but also furnishes ROVOP with amplified resources.
101 major subsea assets installed in Guyana waters by Edison Chouest C-INSTALLER vessel | OilNOW
“Leveraging the support and capabilities of other Chouest subsidiaries such as vessel-based operations, Caltex Oil Tools, Bram Offshore, and C-Innovation, ROVOP aims to fortify its existing client relationships and entice new business through expanded service offerings,” Chouest outlined in a May 2 statement.
“ROVOP has established a reputation for excellence in the ROV industry,” said Chouest Executive, Dino Chouest. “This acquisition is a key part of our strategy to enhance our integrated subsea services. We are excited to welcome ROVOP’s talented team into our family. Their expertise and capabilities are crucial as we expand our portfolio and continue to offer industry-leading solutions to our clients.”
Neil Potter, Chief Executive Officer of ROVOP, echoed sentiments of anticipation, heralding the integration as a remarkable opportunity for growth, innovation, and heightened client value delivery.
Integration efforts between ROVOP and Chouest entities will commence promptly.
Edison Chouest Offshore affiliate, G-Boats, operates in Guyana’s oil sector. Around 22 vessels support ExxonMobil’s Stabroek Block operations.
