Rovco has formed a partnership with Drexel Marine Petroleum in order for the former to expand its work and provide services in Egypt, Egypt Oil & Gas reports.
According to the new partnership deal, Rovco will be offering advanced subsea services to firms working in Egypt, which comes as a part of its plan to boost business in the region throughout the upcoming five years, the company announced.
Through the partnership, Rovco will have access to the Egyptian local market and will offer innovative 3D and AI technologies to the oil and gas companies, as well as to offshore contractors operating in Egypt, North-east Africa and the Middle East.
“This strategic partnership allows us to take bold steps towards exporting our skills, expertise and services to meet overseas demand, as we continue to look beyond the North Sea to identify regions where we can develop our service offering and build on our industry-leading standards of quality, service and reliability,” said Brian Allen, CEO and founder of Rovco.
“Rovco has an excellent track record for delivering challenging offshore projects across the globe. We are looking forward to working with their experienced personnel and introducing their wide range of capabilities to oil and gas companies in the region, and in turn strengthening their presence in key markets,” Bassem Emam, Business Development Director at Drexel Marine, commented.
Rovco was founded in 2016 and it is investing in the development of real-time AI and 3D systems for autonomous subsea robotics. The company has the resources and expertise to deliver challenging projects across the globe.