Forum Energy Technologies Inc : Forum Energy Technologies Announces Agreement to Supply Four Perry(TM) XLX ROV Systems to Techni

Forum Energy Technologies Announces Agreement to Supply Four Perry(TM) XLX ROV Systems to Technip Odebrecht PLSV CV

 

HOUSTON, Nov. 5, 2012 (GLOBE NEWSWIRE) — Forum Energy Technologies, Inc. (NYSE:FET) is pleased to announce the entry into an agreement with Technip Odebrecht PLSV CV for the supply of four complete PerryTM XLX Generation 2 (G2) 150 horsepower Remotely Operated Vehicle (ROV) systems including tooling packages. All four ROV systems are scheduled for delivery in 2013 and will be installed in two newly built vessels.

 

Forum will work closely with the shipbuilder, Daewoo Shipbuilding, and Marine Engineering in the Republic of South Korea, to ensure efficient and smooth vessel installation and sea trials.