[18/04/23] Partner News: Rovco appoints Fraser Moonie as new COO as they target global expansion
Fraser Moonie, a well-known name across the international subsea sector, has been appointed as Chief Operating Officer of Rovco.
He joins the global provider of technology-enabled project solutions to the offshore renewable energy sector, as the company forges ahead with the delivery of its plan to build a global infrastructure, realising its ambitious growth strategy and supporting the energy transition.
Based in Aberdeen, Scotland, Fraser will use his 25 years plus industry experience in subsea sector service companies to implement the company’s growth strategy.
A former chief executive of Decom North Sea, much of Fraser’s relevant experience came from his time with Bibby Offshore Limited - part of the Bibby group of companies. He was one of a small leadership team who helped grow the business from start-up to a major international player in the subsea energy market over 15 years.
Fraser himself rose through the ranks, joining as Commercial Manager and then spending his later years with the company as Chief Operating Officer, helping internationalise the business and developing the skillset which aligns with the requirements of Rovco’s current growth trajectory.
Over the past 18 months, as Regional Director for Mermaid Subsea Services UK, Fraser 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 with Rovco.
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.
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.
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.
In these changing times across the energy industry, I’m very excited to be working alongside such a talented group of people. 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. It truly is one of the most technologically advanced providers of subsea project solutions in the world.