The Chouest group has made a significant move in the subsea services industry with the acquisition of ROVOP, a leading remotely operated vehicle (ROV) company. This strategic acquisition will see Chouest, in conjunction with its subsea service company, C-Innovation, take control of a fleet of over 100 ROVs and 6 autonomous underwater vehicles (AUVs).
By bringing ROVOP under its umbrella, Chouest not only expands its service offerings but also provides ROVOP with enhanced resources and support from other Chouest companies. This will enable ROVOP to better serve its existing clients and attract new business with expanded service offerings.
Dino Chouest, speaking on the acquisition, highlighted the importance of ROVOP’s expertise in the industry and the value it brings to Chouest’s integrated subsea services. The acquisition marks a significant step in Chouest’s expansion and demonstrates its commitment to enhancing its technological capabilities and service offerings globally.
Neil Potter, CEO of ROVOP, expressed excitement about integrating with the Chouest family and leveraging their global resources to enhance capabilities and expand reach. The integration process will begin immediately, with full integration expected to enhance service delivery and operational efficiency across all entities involved.
This acquisition solidifies Chouest’s position as a leader in the subsea services industry and sets the stage for continued growth, innovation, and delivering greater value to clients. The collaboration between Chouest and ROVOP is poised to bring about new opportunities and advancements in the field of subsea operations.