In 2024, Argus reported it delivered ROV systems and secured new contracts across key markets, including South Korea, Japan, Indonesia, the US, Argentina, the UAE, Croatia, Spain, France, Germany, the UK, Denmark, Sweden and Norway.
Mermaid Subsea Services Thailand (MSST) has agreed to acquire four new electric work-class ROVs from Argus Remote Systems for EUR11 million ($12.5 million).
It expects to take delivery of the vehicles during the third quarter.
MSST provides subsea and cable installations, including SAT/AIR diving, engineering, ROVs and surveys. Outside Thailand, the company has operations bases in the Middle East, UK, Africa and Southeast Asia.
The 3rd annual Remote Inspections & Operations Special Report covers monitoring and inspection technologies, aerial drones, subsea AUVs, USVs and remote-controlled operations for the offshore energy industry.
