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Insider UK
Insider UK
National
Peter A Walker

Rovco appoints new COO as it targets global expansion

Rovco has appointed Fraser Moonie as its new chief operating officer.

He joins the offshore renewable energy sector solutions provider, as it forges ahead with the delivery of a plan to build a global infrastructure.

Based in Aberdeen, he will use his more than 25 years of experience in subsea sector service companies to implement the company’s growth strategy.

A former chief executive of Decom North Sea, much of Moonie's relevant experience came from his time with Bibby Offshore, where he was one of a small leadership team who helped grow the business from start-up to an international player over 15 years.

Moonie himself rose through the ranks, joining as commercial manager and then spending his later years with the company as chief operating officer.

Over the past 18 months, as regional director for Mermaid Subsea Services UK, he has worked to bring the Asia-based subsea contractor Mermaid Group to the UK market, seeing it win major decommissioning contracts with North Sea operators shortly before he took up his new role.

“Fraser joins us at an exciting time as we progress with plans to grow on an international level, bringing our industry-leading solutions closer to our clients operating around the world in decommissioning and renewables,” said Rovco chief executive Brian Allen. “His extensive experience, particularly in relation to developing and implementing both domestic and international expansion strategies, will be crucial in helping Rovco fulfil its growth ambitions over the next few years.

“Fraser’s appointment closely follows our announcement that Rovco is diversifying its activities through the creation of two dedicated business units – IRM, which will focus on continuing to grow the inspection, repair and maintenance ROV-based work that has been the foundation of Rovco’s work since it was established, and our new site characterisation division which will provide the full range of geotechnical and geophysical services and solutions required for marine site consenting surveys.

“Although specialising in different areas, each unit will be able to draw on the expertise of the other to deliver project support as required.”

Moonie said: ”I was attracted to Rovco because of its huge potential for growth, and for the opportunity to work with its sister company Vaarst, whose cutting-edge technology is already dominating the market in the energy transition space.

“I think Rovco's progression also presents a massive opportunity for individuals within the company to develop and grow as the company continues to evolve.”

Founded in 2016, Rovco provides technology-enabled project solutions to the offshore renewable energy and oil field decommissioning sectors.

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