Remotely operated vehicle (ROV) provider Rovco has won Innovate UK governmental funding to allow it to extensively test and develop underwater 3D modelling technology in a feasibility study. Should the study be successful, the real-time inspection system could transform energy companies’ management of their subsea assets, potentially leading to significant savings in inspection costs. The ROV is designed for use by oil companies as well as other offshore industry stakeholders, including government agencies, local authorities, environmental groups and civil society organisations. Rovco chief executive and founder, Brian Allen said: “Innovate Further equity investment will be sought in the second quarter of 2017 from subsea companies, universities and software developers for further expertise.
Remotely operated vehicle (ROV) provider Rovco has won Innovate UK governmental funding to allow it to extensively test and develop underwater 3D modelling technology in a feasibility study. Should the study be successful, the real-time inspection system could transform energy companies’ management of their subsea assets, potentially leading to significant savings in inspection costs. The ROV is designed for use by oil companies as well as other offshore industry stakeholders, including government agencies, local authorities, environmental groups and civil society organisations. Further equity investment will be sought in the second quarter of 2017 from subsea companies, universities and software developers for further expertise.