STAVANGER, Norway - For the last 19 months, a VideoRay Pro 4 Remotely Operated Vehicle (ROV) has been permanently deployed off the coast of Stavanger, Norway. The Pro 4 ROV was deployed by ...

“Both offshore utilization and ROV day rates have increased dramatically over the past 5 years and stand at an all-time high,” said lead analyst Lucy Miller. “In the past year, ROV day rates ...