Forum Energy Technologies, Inc. (NYSE: FET) announced today that it has
received an order from New Orient Marine Pte. Ltd, to supply three
remotely operated vehicles (ROVs) for its multi-purpose ice-class vessel
currently under construction in Singapore.
The order includes two Perry™ XLX 200 horsepower, 4,000 meter Work Class
ROV systems and one Sub-Atlantic™ Comanche 3,000 meter Observation Class
ROV. Forum will also provide operation and maintenance training for New
Orient Marine’s personnel, as well as on board support during the ROV
mobilisation.
Forum’s ROV systems are scheduled for delivery this year. New Orient
Marine’s new build, multi-purpose ice-class vessel has been designed to
operate in ambient temperatures as low as minus 30 degrees Celsius. The
first project for the new vessel will involve subsea intervention,
inspection, maintenance and underwater welding of existing gas pipeline
systems.
Cris Gaut, Forum’s Chairman and Chief Executive Officer, said, “We are
pleased that New Orient Marine has chosen Forum and we look forward to
supporting a long-term relationship.
The award demonstrates Forum’s capability for working with our customers
to provide solutions tailored to their specific needs. It also validates
our strategy of providing ongoing first class engineering as well as
after-market support and service to offshore contractors from our
operating centres in key regions. For New Orient Marine, the after-sales
support will be provided from our established team based in Singapore.”
A spokesperson for New Orient Marine remarked, “Adding the equipment
from Forum on-board the vessel, will increase substantially its
versatility and operational range, rendering it a very attractive vessel
for a broad number of potential clients and projects.”
Forum Energy Technologies, Inc. is a global oilfield products
company, serving the subsea, drilling, completion, production and
infrastructure sectors of the oil and natural gas industry. The
Company’s products include highly engineered capital equipment as well
as products that are consumed in the drilling, well construction,
production and transportation of oil and natural gas. Forum is
headquartered in Houston, TX with manufacturing and distribution
facilities strategically located around the globe. For more information,
please visit www.f-e-t.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160710005028/en/
Copyright Business Wire 2016
Source: Business Wire
(July 10, 2016 - 9:00 AM EDT)
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