The business success of subsea specialist ROVOP has been industry applauded after the company won the New Enterprise accolade at last night’s (Wednesday 5 February) Subsea UK business awards.
Subsea UK’s coveted New Enterprise award, which represents the fourth industry accolade that ROVOP has won, recognises the success of the business in the subsea sector including overall vision, commercial performance to date and market differentiation.
ROVOP, an independent company which is 100% focused on providing remotely operated vehicle (ROV) services to the oil & gas and offshore wind industries, has experienced exceptional growth since its inception with its team growing to more than 70 people within three years and more than 80% of business being overseas during 2013.
Steven Gray, managing director at ROVOP, said: “To receive such acclaim from industry body Subsea UK is extremely rewarding because while we did not set out to win awards, it is a great endorsement of what the team at ROVOP has achieved.
“We set out to do something a bit different after recognising a gap in the market for a specialist provider of ROV services focussing on providing the best service, using the best equipment operated by the best people. The awards we have won demonstrate that we’re standing out and making a significant impact on the subsea sector.”
Through investment in its people, equipment and systems, ROVOP has become an approved supplier to some of the world’s largest oil and gas and subsea construction companies.
Earlier this week, ROVOP, which is headquartered in Westhill, announced that it is set to expand its fleet of ROVs by taking delivery of four more new hydraulic work class systems, with a further four new ROVs expected later in the year.
The company has invested $20million (over £12 million) in the four hydraulic Schilling HD work class ROVs, which were delivered during January, and is actively working to grow its offshore team by 50 to 110 to expand its provision of best in class ROV service to the oil and gas and offshore wind industries.
ROVOP has also been awarded ISO 9001 accreditation of its integrated management system by DNV, which is a considerable achievement and underpins the company’s commitment to quality.
In addition to this, ROVOP has invested in its own ROV simulator for its in-house Academy in order to further develop the training and competence of its offshore staff. Addressing the talent shortage in the subsea industry, the Academy seeks to build skill and competence in offshore personnel whatever their current career level. The £250,000 simulator enables ROV pilots to hone their skills onshore, in physics-accurate conditions.
Last year, the company established its own ROV Academy which has been developed to ensure a supply of the most competent offshore personnel, predominantly pilot-technicians for its rapidly-evolving fleet of subsea remotely operated vehicles.
ROVOP’s latest industry award comes after the firm scooped the Great Small Company accolade at the 2013 SPE Offshore Achievement awards and the Business Growth award at the 2012 Scottish Green Energy Awards. It was also named Promising New Businesses at the 2012 Grampian Awards for Business Enterprise awards.