ROV group forms alliance with Drexel in Egypt

Rovco has entered a partnership with Drexel Marine Petroleum Services in Egypt.

Offshore staff

BRISTOL, UKRovco has entered a partnership with Drexel Marine Petroleum Services in Egypt.

The two companies will jointly provide subsea services to clients in Egypt, and ROV specialist Rovco also plans to offer its 3D and AI technologies to oil companies and offshore contractors across Egypt, northeast Africa, and the Middle East.

Brian Allen, the company’s CEO, said: “Egypt is a significant growth market for the business and a region where we see a great deal of opportunities in both shallow and deepwater developments.”

Drexel is a privately-owned company formed in 1976, focused on representation and project management services. It will assist Rovco in obtaining national oil company approvals to help grow its presence overseas and win further work across the region.

03/27/2019

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