HOUSTON -- (Business Wire)
Forum Energy Technologies, Inc. (NYSE: FET) announced today the signing
of sale contracts with Helix Energy Solutions Group’s Canyon Offshore
subsea robotics business unit. Under the contracts, Forum will supply to
Canyon Offshore a PerryTM XT1500 Trenching system and two
PerryTM XLX 200HP Remotely Operated Vehicle (ROV) systems.
The XT1500 is based on proven technology from previous trenching
systems, particularly Forum’s T750 and, most recently, the T1200 that
Forum supplied to Canyon Offshore in 2012. The XT1500 has extra
electro-hydraulic power enabling a wider array of burial configurations,
and more tooling packages (including a precutting tool) to provide
higher burial performance. The vehicle will be capable of accepting a
pipeline burial package and dredge eductor, for burying product in stiff
soil and compacted sands. The XT1500 is a culmination of Forum’s
research initiatives and close working relationship with Canyon
Offshore. Forum will also provide support during the mobilization
onboard Canyon’s vessel and during the sea trials to ensure seamless
delivery to market in the same manner as the T1200. The XT1500 Trenching
system is scheduled for delivery in early 2014, and will support Canyon
Offshore’s subsea burial operations in both oil & gas and renewable
The PerryTM XLX Generation 2 (G2) 200 horsepower ROV systems
will be supplied complete with Forum’s Dynacon Launch & Recovery Systems
and with tooling packages. Both XLX ROV systems are scheduled for
delivery in 2013.
About Forum Subsea Technologies
Forum Subsea Technologies is a product line of Forum Energy
Technologies, Inc. Forum’s ROV product line ranges from electric
observation class ROVs to large hydraulic work-class vehicles used for
inspection, survey and deep-water construction, as well as other remote
intervention technologies and services. Forum Subsea Technologies is
positioned to support its customers through a global sales team and a
worldwide network of distributors and service centers.
About Forum Energy Technologies
Forum Energy Technologies Inc., headquartered in Houston, Texas, is a
global provider of manufactured technologies and applied products to the
energy industry. With approximately 3,400 employees located throughout
the world, Forum is well positioned to provide the products and
technologies essential to solving the increasingly complex challenges of
the subsea, drilling and production sectors of the oil and gas industry.
For more information, please visit www.f-e-t.com.
Forum Energy Technologies, Inc.
Donna Smith, 281.949.2514
– Marketing & Communications
Source: Forum Energy Technologies, Inc.
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