What ROVOP does

ROVOP is an Aberdeen-headquartered independent provider of Remotely Operated Vehicle (ROV) services to the global offshore energy industry, founded in 2011 and acquired by the Chouest Group in May 2024. The company deploys a multi-class fleet of 42 ROV systems across 26 vessels worldwide (expanded to 51 ROVs and over 100 ROVs in the combined Chouest group), spanning heavy work-class platforms such as the Schilling UHD Generation III and Schilling HD, hydraulic units including the Triton XLS/XLX, and electric observation-class systems like the Seaeye Panther XT Plus, Seaeye Cougar XT, and Sub Atlantic Comanche. ROVOP provides full lifecycle subsea services — survey, drill support, construction, inspection/repair/maintenance (IRM), cable lay, and decommissioning — across offshore wind, oil and gas, power and telecoms, vessel support, and specialised sectors including salvage, nuclear, and subsea mining.

The business model is project-based, quote-driven B2B services sold directly to enterprise energy clients under multi-year contract awards and day-rate engagements. Long-term contract anchors include a 5-year Energean PLC deployment on the Karish gas field, a minimum 3-year Boskalis Subsea Services partnership placing 7 ROVs across 6 vessels, and ongoing cable lay support for Prysmian Group. The company monetises through a $100m fleet investment programme, approximately 150 skilled offshore personnel trained via the IMCA-aligned ROVOP Academy, and proprietary service differentiators including a cloud-based live video streaming platform and Welaptegra-integrated 3D photogrammetry subsea modelling.

ROVOP operates from four regional hubs (Aberdeen UK HQ, Houston US since 2015, Dubai UAE, Singapore Asia-Pacific) and reports ISO 9001, ISO 14001:2015, and ISO 45001:2018 certifications through DNV. Following Chouest's May 2024 acquisition, ROVOP sits alongside sister companies C-Innovation, Caltex Oil Tools, and Bram Offshore, extending its addressable market across vessel-based subsea operations and the broader energy transition value chain.

Name

ROVOP

Legal name

ROVOP Ltd

Website

https://rovop.com

Company type

Private

Founded year

2011

Operating status

Acquired

Headcount range

101–250 employees

Short description

ROVOP is a global independent provider of Remotely Operated Vehicle (ROV) services for offshore energy, deploying 42+ ROVs across offshore wind, oil & gas, and power & telecoms sectors from hubs in Aberdeen, Houston, Dubai, and Singapore. Now part of the Chouest Group following its May 2024 acquisition.

Ownership category

akta.pro rank

Headquarters

HQ city

Snodland

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. ROV Services - Project-Based: ROVOP provides ROV services on a project contract basis, deploying ROV systems and experienced offshore personnel to client vessels for specific subsea tasks including survey, construction, IRM, decommissioning, and cable lay operations. Revenue is generated through day rates and long-term contract arrangements.
2. Long-Term Contract Awards: The company secures multi-year contract awards (e.g., 5-year contract with Energean) providing sustained revenue streams and committed backlog of work across global operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ROVOP provides complete ROV (Remotely Operated Vehicle) solutions for subsea operations, deploying a fleet of over 50 ROVs and 150 skilled offshore personnel to deliver survey, construction, inspection/repair/maintenance (IRM), drill support, cable lay, and decommissioning services. The company serves enterprise clients in offshore wind, oil & gas, power & telecoms, vessel support, and specialized sectors from offices in the UK, US, UAE, and Singapore.

Product overview

ROVOP is a global ROV (Remotely Operated Vehicle) solutions provider offering a portfolio of ROV systems and specialist services for subsea operations. The company operates a fleet of over 40 ROVs (recently expanded to 51 units) including Schilling UHD Generation III, Schilling HD, Triton XLS, Triton XLX, Seaeye Panther XT Plus, Seaeye Cougar XT, Sub Atlantic Comanche, Sub Atlantic Mohican, and SAAB Seaeye Tiger systems. ROVOP provides complete ROV solutions combining high-quality assets and tooling applications with industry-leading personnel to deliver services across offshore wind, oil and gas, power and telecoms, vessel support, and specialized sectors including salvage, nuclear, tidal energy, aquaculture, subsea mining, and oceanographic research. The company operates from bases in the UK (Aberdeen), USA (Houston), UAE (Dubai), and Singapore.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Wind ROV Services Expertise in depth for offshore wind projects including UXO survey, foundation installation, cable lay support, and decommissioning of meteorological masts. Designed for turbine and substation foundation installation in challenging high-current, high-turbidity environments requiring highly repetitive task execution.
• Oil & Gas ROV Services Full lifecycle ROV services for offshore oil and gas including survey, drill support, construction, inspection/repair/maintenance (IRM), and decommissioning. Delivered for time-critical projects requiring reliable, efficient and cost-effective ROV services with high-quality equipment and experienced personnel.
• Power & Telecoms ROV Services Subsea cable services for power interconnects, export cables, and telecommunications including survey/UXO, construction support, IMR, and cable lay support with touch-down monitoring and trenching support. ROVOP is the world's largest ROV supplier to the cable lay vessel market.
• Vessel Support Services ROV solutions for vessel owners including newbuild installation, conversion integration, hangar-based installations, and moonpool deployed solutions. Integrates with client-owned LARS (Launch and Recovery Systems) and supports mobilisation during vessel build or conversion stages.
• Specialized Sector ROV Services ROV services for specialized sectors including salvage, nuclear, wave and tidal energy, aquaculture, subsea mining, and oceanographic research. Delivers highest quality ROV services for specialized underwater projects beyond traditional energy sectors.
• Remote Inspection & Live Video Streaming Service Cloud-based viewing platform allowing remote inspection and data recording from onshore locations during ROV operations. Enables reduction of offshore personnel and real-time collaboration during subsea IRM (inspection, repair, maintenance) activities. Demonstrated on Premier Oil's Balmoral floating production vessel.
• 3D Photogrammetry Subsea Modelling Service Subsea template modelling using photogrammetry to produce 3D point cloud data for inspection and planning purposes, supported by Welaptegra mooring inspection and integrity engineering equipment integration.

Quantifiable outcome

• Record revenues in 2023 with robust growth continuing into 2024
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered flagship and supporting.

• Boskalis Subsea ServicesflagshipStrategic or Co-development Partner · 20 February 2024Long-term global partnership providing five diving support vessels (DSV) and one construction support vessel (CSV) with dedicated ROV services. The partnership places 7 ROVOP ROV systems across these vessels for a minimum 3-year period on an international basis, maximising service delivery, efficiency, flexibility and capability.
• WelaptegasupportingTechnology or Integration · 27 April 2021Subsea mooring inspection and integrity engineering specialists Welaptega (an Ashtead Technology company) supported ROVOP's remote inspection project for Premier Oil. Welaptega's mooring inspection and 3D modelling photogrammetry equipment was integrated into the ROV.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• UTEC (Acteon Group): UTEC, part of the Acteon group, provides ROV-based survey, positioning, and subsea inspection services globally. It competes with ROVOP in offshore wind cable lay support, oil & gas survey, and IRM work across Europe, Americas, and APAC.
• Subsea7: Subsea7 is a major subsea contractor delivering SURF and ROV services to offshore oil & gas and renewables. The Training & Competency Manager at ROVOP previously spent 12 years at Subsea7, and ROVOP competes for similar ROV crews and contracts globally.
• DOF Subsea: DOF Subsea is a Norway-headquartered subsea services provider offering ROV operations, survey, IMR, and offshore construction. It is a direct competitor to ROVOP in the North Sea, Mediterranean, and APAC regions on ROV day-rate work and IRM contracts.
• Helix Energy Solutions: Helix operates ROVs and subsea well intervention assets, competing directly with ROVOP for oil & gas inspection, repair, and maintenance work. ROVOP's President for the Americas previously worked at Helix Remote Services.
• Mermaid Subsea Services: Mermaid Subsea Services provides ROV and subsea inspection services across Southeast Asia and the Middle East. Mermaid is both a peer and a disclosed ROVOP customer (Thailand contract), indicating overlapping service offerings and regional competition.
• Oceaneering International: Oceaneering is one of the world's largest providers of ROV services to the offshore oil & gas industry and a direct competitor to ROVOP across work-class ROV operations, tooling, and intervention services. Multiple ROVOP senior leaders previously worked at Oceaneering, evidencing direct competitive overlap.
• C-Innovation: C-Innovation is an ROV services and subsea intervention company now part of The Chouest Group alongside ROVOP following the May 2024 acquisition. The combined entity operates over 100 ROVs and 6 AUVs, making C-Innovation ROVOP's closest operational peer and now sister company.

Emerging players

• N-Sea Group: N-Sea is a Netherlands-based subsea services provider offering ROV and IRM services primarily in the North Sea. It is a smaller, regionally focused emerging player competing with ROVOP on oil & gas IRM and offshore wind survey work in Northwest Europe.

Broad incumbents

• Saipem (Sonsub): Saipem is a large, diversified offshore engineering and construction firm whose Sonsub division operates ROV and intervention tooling. It competes with ROVOP on integrated tenders but at meaningfully larger scale and broader service scope.
• TechnipFMC: TechnipFMC is a global subsea engineering and construction major with in-house ROV capabilities serving oil & gas and increasingly offshore wind and CCS. It is a larger, broader incumbent competing for integrated subsea scopes that include ROV operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rovop
• Xx.com/ROVOP
• Facebookfacebook.com/667444639985835

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ROVOP