Forum Energy Technologies (FET) and underwater inspections provider, SAFEEN Survey & Subsea Services, have signed a memorandum of understanding (MOU) to develop electric thrusters for ROVs.
As part of the MOU agreement, the thrusters will be subject to extensive cycle testing to validate functionality, durability and integration capabilities with existing ROV systems.
The development of the thrusters will be overseen by experts from both FET and SAFEEN, driving collaboration through effective communication and coordination of project activities.
The thrusters will be tailored specifically to the requirements of SAFEEN’s submersibles to enhance the performance, efficiency and reliability of their underwater services capabilities.
Recommended Reading
Triangle Energy, JV Set to Drill in North Perth Basin
2024-04-18 - The Booth-1 prospect is planned to be the first well in the joint venture’s —Triangle Energy, Strike Energy and New Zealand Oil and Gas — upcoming drilling campaign.
TotalEnergies Cements Oman Partnership with Marsa LNG Project
2024-04-22 - Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Is Double Eagle IV the Most Coveted PE-backed Permian E&P Left?
2024-04-22 - Double Eagle IV is quietly adding leases and drilling new oil wells in core parts of the Midland Basin. After a historic run of corporate consolidation, is it the most attractive private equity-backed E&P still standing in the Permian Basin?
TotalEnergies to Acquire Remaining 50% of SapuraOMV
2024-04-22 - TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company's tab to more than $1.4 billion.
EIG’s MidOcean Closes Purchase of 20% Stake in Peru LNG
2024-04-23 - MidOcean Energy’s deal for SK Earthon’s Peru LNG follows a March deal to purchase Tokyo Gas’ LNG interests in Australia.