Innovative Product Launches Forum Energy Technologies continues to develop advanced subsea equipment, including launching next-generation ROV control systems and software like VisualDVR, highlighting opportunities to introduce complementary automation and software solutions to enhance their underwater technology portfolio.
Strategic Industry Collaborations Recent integration agreements with companies like Nauticus Robotics suggest a focus on expanding subsea autonomy and robotics capabilities, presenting potential for cross-selling control systems, subsea machinery, and maintenance services to support their innovation ecosystem.
Global Market Presence With a broad geographic footprint and extensive manufacturing and service facilities serving key energy regions worldwide, there is a significant opportunity to offer customized solutions, parts, and support services to their international customer base across oil, gas, and renewable sectors.
Technological Advancement FET’s adoption of advanced tech stacks and software indicates a readiness to partner on digital transformation initiatives, including IoT, data analytics, and remote monitoring solutions to optimize their field operations and improve equipment lifecycle management.
Growing Revenue Potential With annual revenues between one and ten billion dollars, FET represents a major client with significant purchasing power, especially in high-value subsea equipment and robotics, which opens doors for delivering integrated solutions, maintenance contracts, and upgrade services that support their technological innovations.