Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Underwater robotics for ‘step change’ in quality

Steven Gray, ROVOP CEO
Steven Gray, ROVOP CEO

Rovop boss Steven Gray will join the line-up of speakers at the prestigious Entrepreneurial Scotland annual summit at Gleneagles on April 25.

His own entrepreneurial journey started at the kitchen table, where he learned about the daily life of his family’s retail business.

They ran Christies, one of the original 99p store chains.

At its peak, Christies had about 30 shops around Scotland.

On his way to co-founding Rovop, the Aberdeenshire-based subsea services company he now leads as chief executive, Mr Gray had a few career twists and turns.

He spent 16 years as a corporate lawyer, banker and private equity investor to the oil, gas, energy and offshore industries in Europe and North America.

The Aberdonian trained as a solicitor with Dundas and Wilson in Edinburgh before switching to banking.

An 11-year stint at Bank of Scotland saw him providing debt management and equity investment to businesses across Europe and the US, where he lived in New York for a spell.

In 2008, he moved to Lloyds Development Capital as an investment director and established an Aberdeen office for the mid-market private equity investor.

The next career change came in 2011, when he teamed up with Scott Freeland and Mark Vorenkamp to launch Westhill-based Rovop.

“I realised there was a big opportunity in underwater robotics,” Mr Gray, 46, said.

“New technology that was being developed at the time was not really being applied in industry.

“What we did at Rovop, with our built-in remotely-operated vehicle diagnostcic and control systems, was a step-change in the quality of service.”

From a start-up operating from a two-desk office less than eight years ago, Rovop has become a leading provider of ROV services to the global energy industry.

It now has a fleet of more than 50 ROVs, in excess of 200 staff and operations in Scotland, the US and Dubai.

Mr Gray has picked up an EY entrepreneur of the year award for international business growth along the way, while last year he won Entrepreneurial Scotland’s scale up entrepreneur of the year title.

The recent oil and gas downturn removed some of the competition in the market and, according to Mr Gray, Rovop is now “about the fourth largest operator of ROVs in the world”.

About half of its business is in the offshore wind energy industry, which it was focused on at the outset, while the oil and gas market and other sectors including telecoms make up the rest.

business@thecourier.co.uk