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Forum Subsea Technologies Wins Agreement With DOF Subsea for the Supply of Six Perry(TM) XLX ROV Systems

10 February 2012

Forum Energy Technologies, Inc. (FET) is pleased to announce the signing of a contract with DOF Subsea AS (DOF). Under the contract, FET will supply six complete Perry™ XLX Generation 2 (G2) 150 horsepower Remotely Operated Vehicle (ROV) systems including tooling and survey packages.

All six systems are scheduled for delivery in 2012. Two Perry XLX systems will be delivered to DOF for mobilization in Singapore onboard the Skandi Hawk for work within the Australasia region. Four Perry XLX systems are to be delivered to DOF for mobilization into Brazil and will support DOF's expanding Brazilian operations. With this new order, the DOF Subsea ROV fleet now stands at 34 Perry ROV systems, including the Perry XL, Perry XLS and the Perry XLX.

Forum's Subsea Technologies' product offering 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.