Press Release
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
May 2024 — Cut Off, Louisiana — The Chouest group is pleased to announce its acquisition of ROVOP, a leading remotely operated vehicle (ROV) company. With this acquisition, Chouest, alongside its subsea service company, C-Innovation, will now control a fleet of over 100 ROVs and 6 autonomous underwater vehicles (AUVs).
Bringing ROVOP under the Chouest umbrella not only expands Chouest's service offerings but also provides ROVOP with enhanced resources. ROVOP will benefit from the support and capabilities of other Chouest companies, including its vessel-based operations, Caltex Oil Tools, Bram Offshore and C-Innovation, allowing it to better serve existing clients and attract new business with expanded service offerings.
"ROVOP has established a reputation for excellence in the ROV industry," said Dino Chouest. "This acquisition is a key part of our strategy to enhance our integrated subsea services. We are excited to welcome ROVOP's talented team into our family. Their expertise and capabilities are crucial as we expand our portfolio and continue to offer industry-leading solutions to our clients."
This acquisition marks a significant step in Chouest's expansion and demonstrates its commitment to enhancing its technological capabilities and service offerings across the globe. Chouest is eager to embark on this journey with ROVOP, reinforcing its position as a leader in the subsea services industry.
"We look forward to integrating with the Chouest family and leveraging their global resources to enhance our capabilities and expand our reach," said Neil Potter, CEO of ROVOP. "This is a remarkable opportunity for growth, innovation and delivering even greater value to our clients."
The integration of ROVOP into Chouest's operations will begin immediately, with full integration expected to enhance service delivery and operational efficiency across all entities involved.
About Edison Chouest Offshore
The Chouest group, founded in 1960, is a family of companies and internationally known as a leader in providing integrated marine solutions and is committed to delivering superior service. The diverse family of companies includes extensive capabilities in shipbuilding, owning and operating a fleet of nearly 300 vessels, and comprehensive offshore services including subsea services, technology services, port facilities and a host of support services in the energy, government and cruise sectors.
About ROVOP
ROVOP is an independent ROV service provider, delivering cutting-edge solutions for subsea exploration, infrastructure and maintenance. Dedicated to safety, ROVOP employs state-of-the-art technology to provide innovative subsea services around the globe.