Rovco has appointed Craig Davis to the new key role of Global Account Director – Survey, as it moves to further accelerate the growth of its core capabilities and portfolio of offshore survey solutions. The leading provider of offshore subsea and survey projects is making a significant investment into its offering across the sector. Alongside…
We are delighted to announce a Series B raise into Rovco and Vaarst, co-led by Legal & General Capital (Legal & General) as part of the expansion of its clean energy portfolio, alongside the venture capital arm of the international energy company Equinor. Legal & General will invest £8.5m out of the £15.2m raise. Other…
We are delighted to announce that we have signed a Letter of Intent (LoI) with world leading subsea equipment manufacturer Soil Machine Dynamics Ltd (SMD) for next generation EV Work Class ROV (WROV) technology. SMD will provide Rovco with a new Atom EV high performance electric WROV, which will be the first of a fleet…
Leading O&M and Survey Services supplier, partners with advanced sub-seabed 3D Acoustic Imaging solutions provider. We are pleased to announce the formation of a powerful collaboration with PanGeo Subsea, designed to combine our respective areas of expertise to capture and provide early insight into changing subsea component and environmental conditions that may lead to…
We are excited to announce the launch of a new hydrographic services division, “Rovco Survey Solutions”, building on our experience as a leader in asset integrity and ROV projects. Now offering a range of hydrographic, geophysical and site survey services across the offshore sector, and pledging an investment of £9.5m in the new division, to…
Simon Miller to head-up Rovco. Nick Boorman appointed Group CFO. Rovco Founder Brian Allen to be Group CEO and will lead Vaarst technologies into multiple sectors. We are excited to announce an executive shift focus within the company. Simon Miller will take over as new Managing Director of the company, while newly appointed CFO…
Rovco Sees 286% Revenue Increase, Significant Employee Growth, New Technology Milestones, Key Renewable Contracts and More We are happy to announce a record year for 2020, delivering £7.5 million (US$10.3 million) in revenues – a 286% increase on 2019. 2020 also saw the winning of new contracts and growth of backlog that now…
Rovco is now in contract to perform subsea work on Scotland’s largest operational Offshore Wind Farm, Beatrice. Managed from our recently established base in Edinburgh, we will carry out a campaign of inspection and survey work across nominated subsea jacket locations on the wind farm, including Export and Inter-Array cables to assist in informing…
We are happy to announce that we have been awarded 9 prestigious industry and tech awards this year for our innovations and business growth. 8 of these were received in the past 2 weeks culminating with the “Totally Killing It Award” from TechSPARK and the Innovation and Technology award from Business Leader. With a…
We are happy to announce that we have successfully completed the first stage of our long-term contract awarded by CWind for their annual subsea balance of plant (BOP) and cable inspection works at East Anglia ONE offshore windfarm. CWind, part of the Global Marine Group, was awarded a multi-year framework from ScottishPower Renewables and…