Depro AS and VideoRay LLC have jointly announced a new partnership. The objective is to develop field lighter and less expensive equipment for subsea operations down to 2000m water depth, primarily in the oil and gas sector.
Depro AS, with headquarters in Bryne, Norway, is a leading Engineering, Procurement, Construction (EPC) supplier with expertise in building remotely operated tools used in subsea operations. Depro supply Advanced Technology to worldwide customers, over 90% outside Norway, and the biggest marked segment is oil and gas.
VideoRay LLC, with headquarters in Pottstown, Pa., is a global leader in the field of underwater remote operated vehicles (ROVs) used for observation and inspection. Since 1999, VideoRay has been designing, manufacturing, and marketing ROVs to transform the way people work underwater. Its products are designed to accommodate several different accessories for a variety of assignments.
Subsea inspections to a lower cost
With its new partnership, both companies are expanding the capabilities in the oil and gas sector to inspect and clean subsea assets rapidly, effectively, and at a much lower cost.
VideoRay and Depro are working under the VideoRay Integrator program, which empowers partners to develop and customize Mission Specialist technology to meet specific customer missions. Depro is VideoRay’s first Offshore Oil & Gas Integration partner.
Sold the first New ROV solution
“We believe the collaboration will strengthen the companies’ position globally,” said Kåre Stokkeland, CEO of Depro AS. “These are two companies that fit well in terms of both size and complementary technology. We have already sold the first ROV solution based on both technologies to a large customer.”
Stokkeland believes strongly that the collaboration will result in new, attractive solutions that can challenge traditional ways of handling subsea operations, and which will be both simpler and significantly more affordable for operators and service companies.
Lighter and easier to use
“Our new partnership with Depro AS will result in the development of submersibles that will not only be lighter and easier to use, but will also be far most cost effective,” said Scott Bentley, CEO of VideoRay.
“In addition to the oil and gas industry, this collaboration will benefit other commercial and private customers. Our Mission Specialist systems were designed to be expanded by companies like Depro, and we’re excited by what we’ve fielded so far, and the acceleration of this adaption for specific challenges and missions.”