HOUSTON, TX — October 29, 2024 — Forum Energy Technologies, Inc. (FET) today announced that its subsea division secured a contract from the UK Ministry of Defence’s highly specialised Salvage and Marine Operations (SALMO) unit, to supply a remotely operated vehicle (ROV).

ROVs are large adaptable underwater robots with mechanical arms – of similar dexterity to human arms – designed to carry out a variety of tasks, both through the water column and on the seabed. They can also be fitted with a large range of sensors and tools for specific tasks.

The ROV earmarked for SALMO will complement and increase the UK’s existing marine defence salvage and emergency response capabilities. It will be used for a variety of in-water tasks including wreck surveys and salvage response, and can be deployed from various vessels.

The FET ROV system, acquired following a voluntary transparency notice issued this July, is being manufactured at the company’s UK facility at Kirkbymoorside, North Yorkshire. It will be delivered in 2025 with sea trials carried out in the UK.

The contract also includes a two-year support solution, spares package, vessel integration and sea trials support, a training package and the potential for upgrades and additions.

A previously supplied FET ROV was deployed by SALMO in January 2024 to successfully recover the bell of USS Jacob Jones from the depths near the Isles of Scilly after 107 years. The first US Navy destroyer to be sunk during wartime, the ship was torpedoed by a German submarine in 1917 whilst returning to home port after successfully escorting a convoy to Brest. Sixty-six crew members were lost in the attack.

Kevin Taylor, FET’s Vice President Operations – Subsea, said: “We are extremely pleased that FET has been selected again by SALMO for an additional ROV system. This is one of the most versatile systems on the market and has the capabilities required for the tasks that it will undertake for the SALMO team. We look forward to delivering the solution on time next year.”

Andy Liddell, Head of SALMO, said: “A momentous amount of work has gone into preparing what has been a complex contract in a very short time. The project team have pulled together and demonstrated a holistic and agile route to procurement. It was a great feeling to sign the contract and move us into the next stage.”

FET has previously supplied ROVs and submarine rescue vehicles to major navies around the world and has also built emergency life support store (ELSS) pods for the Hellenic Navy. Its products are suited across underwater industry applications, including defence, traditional and sustainable energy, telecommunications, mining, aquaculture and academia.

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Issued on behalf of FET by BIG Partnership. For more information, please contact Evie Cumming on 07772 287 017 or [email protected].

NOTES TO EDITORS:

Forum Energy Technologies (FET) is a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

Forum Energy Technologies (FET) has secured a contract from a major North American ocean research facility to supply an electric observation-class remotely operated vehicle (ROV), further reinforcing the organization’s commitment to exploring the deep sea.

The Mohican ROV system will be used to document sea floor communities and species of interest at various depths up to a rating of 2,000 meters. Anticipated areas of focus will include proposed and established marine protection areas as well as other biologically significant locations of interest in the marine environment on the continental shelf.

The ROV will be used to support ongoing research related to marine conservation targets in high currents and areas of steep bottom topography. The ROV is designed to carry a payload skid for navigation and sensors, as well as being capable of manipulation and intervention.

Kevin Taylor, FET’s Vice President – KMS and Subsea Robotics, said: “This contract further highlights the Mohican ROV’s capabilities for scientific research projects. We have always had a strong reputation as a single source for manufacturing and delivering high-quality, robust vehicles and associated auxiliary products which are suited to underwater industry applications.

“On top of research, this also includes, defence, oil and gas, renewables, telecommunications, mining, aquaculture and academia.”

The ROV will be manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire. The agreement comes shortly after FET provided an ROV to the Memorial University of Newfoundland for similar purposes.

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About FET

FET participates in the energy transition by utilizing our core competencies in engineering, design, and manufacturing.

FET’s portfolio of products and equipment can be utilized to support renewable energy markets. Examples include our remotely operated subsea vehicles and trenchers used in the installation and maintenance ofoffshore wind turbines, coiled line pipe for carbon capture, downhole casing equipment and cable protection products for the severe conditions within geothermal, and valves and processing equipment utilized in biogas.

As we focus on new product development initiatives to address current market needs, sustainable energy solutions are incorporated into our processes and designs.

We are well positioned to assist with the development of a lower carbon future. This will mean navigating through a changing industry while protecting our core competencies. We are seeing early signs of activity for renewable energy applications and are forecasting an acceleration in the sale of these products in the coming years.

Forum Energy Technologies, Inc. (NYSE: FET) today announced its Subsea Technologies product line secured a contract from AQUA Exploracion for one of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROV). The XLX-C will be equipped with a comprehensive spare parts package to optimize performance and reliability.

The ROV will complement and increase the company’s existing capabilities and will be used to enhance subsea exploration, inspection, and intervention operations in challenging environments. The Perry XLX-C ROV has advanced features and a robust design, making it ideal for tasks such as pipeline inspections, underwater structural assessments, seabed mapping, and deep-sea equipment installation and maintenance. Additionally, the ROV’s versatility allows for efficient deployment in various underwater projects, ranging from offshore oil and gas exploration to renewable energy installations like offshore wind farms. Its integration into our fleet underscores our commitment to providing cutting-edge solutions for our clients while maintaining the highest standards of safety, efficiency, and environmental responsibility.

The contract is an example of FET’s commitment to recycling systems and refurbishment capabilities. The XLX-C work-class ROV was originally manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire and will be sent to the factory for a thorough refurbishment and re-testing, ensuring it meets the highest standards. Additionally, it will be equipped with a comprehensive spare parts package to optimize its performance and reliability.

The ROV has a 2,000m depth rating and, coupled with compact Dynacon LARS design, is ideally suited for inspection, survey repair and subsea maintenance tasks. Ancillary tools and sensors can also be added to the vehicle for survey and light intervention work. It is equipped to a high specification with a seven-function manipulator arm for complex underwater procedures.

Kevin Taylor, FET’s Vice President – KMS and Subsea Robotics, said: “Our range of Perry ROVs are the most long-established and recognisable vehicles in the subsea industry due to their quality, reliability and flexibility. We are extremely pleased that our ROV has been chosen to support AQUA Exploracion. The XLX-C WROV is one of the most versatile models on the market and has the capabilities required for the tasks that it will undertake for AQUA Exploracion. FET has a robust strategy of providing first-class engineering, after market support and service to offshore contractors from our operating centres located in key regions. We look forward to the on-time delivery of the system later this year and to continuing to support AQUA Exploracion’s global operations.

Luis Gamez, AQUA Exploracion, Commercial Director, said: “A momentous amount of work has gone into preparing what has been a complex contract in a very short time, but our dedication and collaborative efforts have ensured its successful completion. This partnership with FET’s Subsea Technologies product line marks a significant milestone for AQUA Exploracion, reaffirming our commitment to acquiring top-of-the-line equipment to bolster our capabilities in serving our clients’ needs efficiently and effectively. We are confident that the integration of the XLX-C work-class ROV into our operations will not only elevate our performance in subsea exploration and intervention but also enhance our reputation as a leading provider of integrated subsea solutions. We look forward to the continued success of this collaboration and the positive impact it will have on our future endeavors

FET is known globally for manufacturing high quality, robust ROVs and associated auxiliary products for a number of underwater industry applications ranging from oil and gas to renewables, defence, mining and telecommunications, mining, aquaculture and academia.

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FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

London, UK, March 12, 2024: Forum Energy Technologies’ (FET) today announced that its Subsea Technologies product line executed a memorandum of understanding (“MOU”) with an underwater inspections provider, SAFEEN Survey & Subsea Services (SAFEEN), to collaborate on the development of cutting-edge electric thrusters for remotely operated vehicles (ROVs).

A signing ceremony took place at the Oceanology International trade event in London, UK as FET launched its updated 300Vdc and 600Vdc range of direct current thrusters.

Under the Sub-Atlantic brand, FET has been a pioneer in the thruster market for over 20 years. The recently launched 600Vdc ROV thruster option for all observation and light work class thrusters is equivalent to the well proven SA-300 hydraulic thruster.

As part of the SAFEEN MOU agreement, the thrusters will be subject to extensive cycle testing to fully validate functionality, durability and integration capabilities with existing ROV systems. Testing will also ensure smooth deployment and operation.

The collaboration will enhance the performance, efficiency, and reliability of the United Arab Emirates headquartered company’s underwater services capabilities. The thrusters will be tailored specifically to the requirements of SAFEEN’s submersibles, delivering an optimal solution to the challenging marine operations in which it operates.

The development of the thrusters will be overseen by experts from both FET and SAFEEN, driving collaboration through effective communication and coordination of project activities.

Kevin Taylor, FET Vice President – KMS and Subsea Robotics, said: “We are pleased to collaborate with Safeen on this groundbreaking industry initiative. Our shared commitment to excellence is complementary to our ongoing innovation goals and will drive the advancement of electric thrusters, redefining industry standards to ensure safety and efficiency during offshore operations.

“At FET we are at the forefront of innovation and sustainable development for our subsea technology. With our latest thrusters being launched alongside the signing of this MOU, we look forward to furthering our offering to the offshore and energy industries.”

Tareq Al Marzooqi, SAFEEN CEO, said: “This MOU represents a significant step forward in advancing underwater technology. By combining our expertise in marine exploration with FET’s cutting-edge engineering capabilities, we aim to revolutionise ROV propulsion systems.”

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Issued on behalf of Forum Energy Technologies by BIG Partnership. For more information, please contact Ben Palmer on [email protected] or +44 (0)7715 107556.

Notes to Editors:

FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial, and renewable energy industries. FET provides value-added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution, and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

About SAFEEN Survey & Subsea Services: SAFEEN Survey & Subsea Services is a leading provider of underwater surveying, inspection, and exploration services. With a strong commitment to safety and environmental stewardship, Safeen delivers innovative solutions to clients worldwide. SAFEEN Survey & Subsea Services is a dynamic joint venture between Abu Dhabi Ports Group and NMDC Group.

For more information, please visit https://www.safeen.ae/, https://www.adports.ae/, and https://www.nmdc-group.com/en/

System will enable JAMSTEC to explore ‘mysteries of the deep sea’

Forum Energy Technologies (FET), a global leader in subsea robotics, has signed a contract to supply a state-of-the-art Comanche remotely operated vehicle (ROV) to the Japan Agency for Marine-Earth Science and Technology (JAMSTEC).

The contract, undertaken with support from FET’s Japanese representatives, Kyokuto Boeki Kaisha (KBK), signifies a milestone in the company’s commitment to providing cutting-edge technology to support deep-sea exploration and research.

The Comanche ROV is renowned for its advanced capabilities in underwater exploration, research, and inspection, making it an ideal choice for JAMSTEC’s demanding scientific missions. The ROV is expected to be used in extremely cold sea temperatures in the high Arctic on research operations.

Kevin Taylor, FET Vice President – Subsea Vehicles, said: “FET has a strong reputation as a single source for manufacturing and delivering high-quality, robust vehicles and associated auxiliary products, which are suited to underwater industry applications. As well as defence, industry applications include oil and gas, renewables, telecommunications, mining, aquaculture and academia. This contract demonstrates the value our vehicles can also offer to scientific research projects.

“We are very proud that JAMSTEC recognises our capabilities and reliability. I am looking forward to seeing our system provide the required operational resilience and performance standards expected in such an important sector. The Comanche ROV’s capabilities will play a pivotal role in enabling JAMSTEC’s scientific endeavours, contributing to a deeper understanding of our oceans and their significance to the global environment.”

The Comanche ROV is equipped with advanced sensors, high-definition cameras, and versatile tooling options, enabling it to perform a wide range of tasks in extreme underwater environments. Its modular design ensures adaptability for various scientific research and marine exploration applications, including the study of deep-sea ecosystems, geology, and the collection of valuable geological samples from the ocean floor. A Garage Tether Management System, and a full Launch & Recovery System are also included as part of the package.

Key Features of the Comanche ROV include:

• Advanced Manoeuvrability: Comanche boasts exceptional manoeuvrability, allowing for precise navigation and data collection even in complex and challenging underwater terrains.
• High-Resolution Imaging: Equipped with advanced imaging systems, the ROV will enable JAMSTEC scientists to capture high-resolution images and videos of deep-sea ecosystems and geological formations.
• Enhanced Data Collection: Comanche’s robust suite of sensors and sampling tools will enable JAMSTEC researchers to gather critical data on ocean chemistry, biology, and geology.
• Deep Exploration Capability: With its depth rating of up to 3,000 meters, Comanche can access and explore some of the most remote and extreme underwater environments on the planet.

The ROV will be manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, and delivered to Japan in 2025.

JAMSTEC, a world-renowned organization dedicated to the advancement of marine science and technology, has a long history of conducting ground-breaking research in the field of oceanography and marine geology. The acquisition of the Comanche ROV will further enhance JAMSTEC’s ability to explore the mysteries of the deep sea, contributing to the global understanding of our oceans and their crucial role in Earth’s ecosystems.

FET’s commitment to innovation and excellence in subsea technology aligns with JAMSTEC’s mission to advance marine science and technology. The collaboration between two leaders in their respective fields promises to drive forward knowledge of the oceans and their vital role in the planet’s health.

Kevin Taylor added: “This contract underscores our commitment to delivering cutting-edge technology solutions to support marine research and exploration worldwide. It also reaffirms our position as a trusted partner for organizations dedicated to the advancement of ocean science.

“We are grateful to KBK for their support in securing this exciting contract.”

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Additional notes :

About Forum Energy Technologies

Forum Energy Technologies, Inc. is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The Company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas. Forum is headquartered in Houston, TX with manufacturing and distribution facilities strategically located around the globe. For more information, please visit f-e-t.com

About JAMSTEC:

The Japan Agency for Marine-Earth Science and Technology (JAMSTEC) is a leading research organization dedicated to exploring the mysteries of the marine and earth environments. With a commitment to scientific excellence, JAMSTEC conducts pioneering research to advance our understanding of the world’s oceans and their impact on our planet.

For more information, please visit https://www.jamstec.go.jp/e/

HOUSTON, TX — November 9, 2023 — The subsea product line of Forum Energy Technologies (NYSE:FET) has secured a contract from the UK Ministry of Defence Salvage and Marine Operations (SALMO) team to supply a work class remotely operated vehicle (ROV).

The system has been acquired by SALMO following an Urgent Capability Requirement (UCR) from its customer, which was announced in May. The ROV will complement and increase the existing UK Defence salvage capabilities managed by SALMO and will be used to support salvage and wreck surveys.

The XLX-C Work class ROV was manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, and will be delivered this year.

The contract includes a two-year support solution, warranty and spares package, vessel integration and sea trials support, a training package and the potential for upgrades and additions.

Kevin Taylor, FET’s Vice President Operations – Subsea, said: “We are extremely pleased that our XLX-C ROV has been chosen to support the SALMO team’s customer. The ROV is one of the most versatile models on the market and has the capabilities required for the tasks that it will undertake for the SALMO team. We look forward to delivering the system on time later this year.”

Kristin Pearson, SALMO Project Manager, said: “A momentous amount of work has gone into preparing what has been a complex contract in a very short time. The project team have pulled together and demonstrated a holistic and agile route to procurement. It was a great feeling to sign the contract and move us into the next stage”.

FET has previously supplied ROVs and submarine rescue vehicles to major Asian navies and built emergency life support store (ELSS) pods for the Hellenic Navy. Its products are suited across the underwater industry applications, including in defence, traditional and sustainable energy, telecommunications, mining, aquaculture and academia.

ENDS

FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

First phase of new expansion to include proprietary torque tools and associated accessories to meet changing needs of the industry

Forum Energy Technologies (FET) has introduced a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.

With increasing ROV asset investment across hydrocarbon and offshore renewable energy, as well as defence sectors, FET’s new rental offering is designed to address the need for readily available tooling equipment in the development, operation, and maintenance of upcoming offshore projects.

Available immediately for rental are torque tools, linear actuator override tools (LAOTs), isolated hydraulic power units (IHPUs), and associated accessories.

The fleet of tooling will initially be manufactured and managed at FET’s UK facility in Kirkbymoorside, North Yorkshire. FET, which already has an existing rental fleet in Brazil, will also expand the availability of equipment to Europe, Asia and elsewhere in the Americas.

FET will continue to design and manufacture and sell its established line of standard tooling and reconfirms its commitment to also developing new and customisable tooling products specific to client needs.

James Foster-Rain, Subsea Tooling Manager, at FET said: “With this latest business investment and development, we are excited to offer a comprehensive range of high-quality subsea tooling specifically to meet the demands and needs of subsea operations.

“Our robust experience in the market lends itself to understanding and devising industry advancements and, with our team of experts, we are well placed to introduce significant benefits and savings. At FET, we provide the latest technologies to aid clients in their projects, and play our part in creating a more sustainable and secure energy future.”

As a global expert for manufacturing quality subsea equipment, FET’s product enhancement builds on its existing position as a provider of smart solutions. In April, FET supplied two light work-class ROVs to a major Asian Navy, while another four have been delivered to DOF Subsea this year.

FET’s KMS and Aberdeen offices will service the UK and European markets, its US offices for North American inquiries, and its Singapore office for pricing, deliveries or to schedule a more detailed discussion of the available offering in the Asia-Pacific region.

For clients in Brazil, local partner UnderOcean will provide rental service and support.

ENDS

FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

Aberdeen, UK – August 2023 – Forum Energy Technologies (FET) has appointed UnderOcean Servicos Maritimos (UnderOcean) to represent its Subsea operations in Brazil.

The partnership will see UnderOcean provide business development and engineering support on behalf of FET’s Subsea Technologies product line in Brazil. Headquartered in Macaé, Rio de Janeiro, UnderOcean will deliver service, repair, calibration, upgrades, and modifications for FET’s remotely operated vehicles (ROVs), associated tooling and Dynacon Launch & Recovery Systems..

With more than 20 years’ experience in the offshore industry, UnderOcean provides skilled personnel to the global offshore & subsea construction industry, including the oil and gas, windfarm and academic sectors. It also supplies simulator training, scenario development and has a key focus on delivering highly competent, skilled technicians who operate with the highest levels of safety and respect for the environment.

Kevin Taylor, Vice President – Operations, Subsea Technologies said: “As part of the ambitious strategy to increase our presence in Brazil, it was important that we appoint an in-country agent to support the strong demand for our products.

“FET is well known in the marketplace for its quality of service, and it is vital that we work with partners that can consistently meet this high standard. In UnderOcean, we have a reputable organisation with a renowned team that can complement our existing framework across the academic, survey and energy markets.

“This agreement will ensure that our clients in Brazil receive the same streamlined and reliable support they are accustomed to from our teams around the globe.”

Andre Valente, UnderOcean Managing Director said: “We are extremely excited by this partnership and certain that our customers in Brazil will appreciate the respect and the quality of the service that will be delivered.”

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Issued on behalf of Forum Energy Technologies by BIG Partnership. For more information, please contact Ben Palmer on [email protected] or +44 (0)7715 107556.

Notes to Editors:

FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial, and renewable energy industries. FET provides value-added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution, and service facilities strategically located throughout the world.

For more information, please visit f-e-t.com

Forum Energy Technologies (FET) has secured a contract from Unique Group to supply two light work-class remotely operated vehicles (ROVs) to support its contract with a major Asian Navy.

Both systems will be installed onboard the navy’s new dive support vessels. The Comanche model is one of the most powerful observation-class ROVs of its size, and its lightweight construction allows for rapid set up and deployment. The Navy selected the vehicle for its high thrust-to-drag ratio, enabling it to operate in strong currents, as well as its high payload which can achieve a minimum of 300kg.

The Sub-Atlantic Comanche ROVs are being manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, and will be delivered in the second half of this year.

This type of ROV has a 2,000m depth rating and with TMS Garage systems, is ideally suited to inspection, survey repair and subsea maintenance tasks. Ancillary tools and sensors can also be added to the vehicle for survey and light intervention work. They come equipped to a high specification with a seven-function manipulator arm for complex underwater procedures.

The ROVs being supplied to Unique Group also have precision positioning and navigation systems, cameras, and lighting and sonars for low visibility operations.

Kevin Taylor, FET’s Vice President – Subsea Vehicles, said: “We are very proud that Unique Group recognises our capabilities and reliability to support an Asian Navy with two of our Sub-Atlantic Comanche light work-class ROVs.

“FET has a strong reputation as a single source for manufacturing and delivering high-quality, robust vehicles and associated auxiliary products which are suited to underwater industry applications. As well as defence, this includes oil and gas, renewables, telecommunications, mining, aquaculture and academia. The Comanche light work-class ROV continues to be one of our most versatile and sought-after models in the market and our in-house team are expert across the key disciplines required to ensure each vehicle is adapted to suit a campaign’s specific requirements.

“We look forward to completing these newbuilds and seeing our systems delivering the required operational resilience and performance standards expected in such a safety-critical sector.”

Dr. Sharad Kumar, Unique Group’s Business Development Director, added: “We are pleased to work with FET for our prestigious contract with an Asian Navy. Following the completion of the project, we will also provide the necessary after sales support for the client. Unique Group has a long-standing business relationship with FET and look forward to working together on future projects.”

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