Global Marine Group (GMG) has acquired a 14% shareholding in UK subsea technology company Rovco.
The invested partnership will enable the two companies to commercialise intelligent inspection repair and maintenance (IRM) tools and services in the global offshore wind and other marine sectors.
Rovco provides remotely operated vehicle (ROV) and hydrographic services, which can be used in subsea cable and hardware maintenance programmes.
The company’s latest development, SubSlam, which uses live 3D reconstruction technology to gain an accurate picture of subsea assets and environments, will be deployed from GMG’s fleet of 21 specialised crew transfer vessels.
With SubSlam difference modelling over time allows damage and corrosion to be modelled, lifespans predicted, and problems dealt with efficiently.
GMG comprises the Global Offshore, CWind and Global Marine business units.
Global Offshore managing director Mike Daniel has joined Rovco’s board of directors as part of the investment.
Daniel said: “By using a combination of innovation and engineering excellence, we can deliver a greater range of services to enhance our customers’ operations, worldwide.”
GMG’s eight cable installation and maintenance vessels will be able to support IRM projects.
Rovco founder and chief executive Brian Allen said: “This is a large step towards improving the efficiency of offshore IRM campaigns.
“We have industry leading data quality and the intelligence acquired will support pre-emptive asset maintenance and fault prediction, enabling customers to easily predict asset lifespan and corrosion or depletion rates.”