ROV Buyouts

Expenditure onROV operations, which has more than doubled since 2002 according to industryestimates, has just risen still further with news that Seaeye, the Fareham UKbased company specialising in development of electrically powered systems forthe offshore oil and gas industries, has been bought by Saab of Sweden for areported £ 13m.

Expenditure onROV operations, which has more than doubled since 2002 according to industryestimates, has just risen still further with news that Seaeye, the Fareham UKbased company specialising in development of electrically powered systems forthe offshore oil and gas industries, has been bought by Saab of Sweden for areported £ 13m.