HOUSTON--(BUSINESS WIRE)--Jan. 20, 2014--
Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has
received an order from DOF Subsea AS, Bergen, Norway to supply seven
Perry™ XLX 200HP work-class remote operated vehicle (ROV) systems,
including five Dynacon Launch and Recovery systems (LARs). The ROV
systems will be delivered during the first and second quarters of this
year.
“Forum is very pleased to have been awarded this contract from DOF
Subsea AS,” said Bill Boyle, Forum Subsea Technologies’ Senior Vice
President. “This is a significant order and a testament to our long
standing working relationship with DOF Subsea. We are delighted to
supply these Perry™ XLX Heavy Duty work-class ROV systems to DOF Subsea,
a leading survey; inspection, maintenance, and repair; and, subsea
construction service provider.”
Forum Subsea’s remote intervention product offerings include an industry
leading range of ROVs; tether management systems; LARS; a wide portfolio
of ROV tools; simulation and mission management software; and,
engineering and project management. Additionally, Forum’s remote
intervention support is provided via workshops in Asia, Europe, USA and
Brazil. “Our office in Rio de Janeiro and workshop facility in Macae are
recent additions to Forum’s regional network and part of our strategy
for growth in Brazil. This expansion will assist DOF and other
established and new customers in this key deepwater region,” added Boyle.
Forum Energy Technologies is a global oilfield products company,
serving the subsea, drilling, completion, production and infrastructure
sectors of the oil and natural gas industry. The Company’s
products include highly engineered capital equipment as well as products
that are consumed in the drilling, well construction, production and
transportation of oil and natural gas. With over 3,500 employees, Forum
is headquartered in Houston, TX with manufacturing and distribution
facilities strategically located around the globe. For more
information, please visit www.f-e-t.com.
Source: Forum Energy Technologies, Inc.
Forum Energy Technologies, Inc.
Investor Contact
Mark
Traylor, 281.368.1108
Vice President, Investor Relations & Planning
mark.traylor@f-e-t.com
or
Media
Contact
Donna Smith, 281.949.2514
Director, Marketing &
Communications
donna.smith@f-e-t.com
