Press Release: Houston, Texas, October 23, 2017– Forum Energy Technologies, Inc. (NYSE: FET) announced today that its Dynacon business line, one of the world’s leading manufacturers of Launch & Recovery Systems (LARS) and Scantrol, a world recognized supplier of Active Heave Compensation (AHC) control systems are joining forces to offer AHC functionality to new and existing customers.
Texas-based Dynacon is a world-leading manufacturer of handling systems for Remote Operational Vehicles (ROV) and has supplied over 250 ROV LARS Systems and almost 500 ROV Winch Systems.
Scantrol is an independent and recognized supplier of control systems and has specialized in Active Heave Compensation. More than 1,000 vessels worldwide are deployed with a Scantrol system onboard.
As the industry continues to evolve, with increased emphasis on operational risk mitigation and value creation, AHC functionality is fast becoming a standard requirement. “We evaluated the marketplace for available and compatible systems, and are very happy to have put an agreement in place with Scantrol as our preferred provider and partner,” remarked Mark Brookes, Vice President Products and Services at Forum Energy Technologies.
“Scantrol is excited to work with the world’s leading manufacturer of LARS systems. From our experience we know that the client can operate more cost-efficiently when integrating this functionality by increasing the weather window, reducing the damage of equipment and the burden of the ROV crew”, explains Rolf Krogh Hjelmeland, Business Development Manager for AHC at Scantrol.
The companies are excited to make this solution available for new and existing clients. Many existing Dynacon systems can be retrofitted to have AHC with little or no adjustment.
Forum Energy Technologies is a global oilfield products company, serving the drilling, subsea, completions, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe. For more information, please visit www.f-e-t.com.
Scantrol is an independent supplier of monitoring and control systems to the modern marine and offshore industries. With an established history for marine, offshore and research vessels, the company is now focusing its expertise on control systems for the buoyant subsea market. Through the development of an Active Heave Compensation System, Scantrol has become an important supplier the Offshore Industry.
Scantrol’s head offices are located in Bergen, Norway, where we focus on design, sales, marketing and support. Around 80 % of Scantrol’s systems are exported and over the years we have built an extensive international network for service and support to ensure reliable operation and long lifetime of the systems we supply. For more information, please visit www.scantrol.com