Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Mojo, IKM Get Funds for Hi Flo ROV
Business & Finance

January 22, 2015 · about 11 years ago

Mojo, IKM Get Funds for Hi Flo ROV

Mojo Maritime and IKM Subsea, Norwegian ROV manufacturer and operator, have jointly secured an EU Horizon 2020 Grant to support the development of an ROV for use in high energy tidal sites, and capable of being operated from Mojo’s tidal energy vessel, the Hi Flo 4 (HF4). Mojo and IKM joined forces

1 minutes read
  • LinkedIn
  • X
  • Email

Mojo Maritime and IKM Subsea, Norwegian ROV manufacturer and operator, have jointly secured an EU Horizon 2020 Grant to support the development of an ROV for use in high energy tidal sites, and capable of being operated from Mojo’s tidal energy vessel, the Hi Flo 4 (HF4).

Mojo and IKM joined forces in mid-2014 to bid for EU funding, from the Maritime Technologies (MARTEC II) call, and won a €1,200,000 for their R&D project.

The two companies target is to develop a basic design for an HF ROV that is capable of then being manufactured according to a schedule that will align with the envisaged build schedule for the HF4 ship.

It is anticipated that the HF ROV will operate from both HF4 and OCV’s in a range of offshore operations and conditions.

The companies were awarded the funding at the end of 2014, granted as part of the EU’s Marine Technology II Horizon 2020 programme, and administered by InnovateUK in the United Kingdom.

The work on the HF ROV project began on January 5, 2015 and will continue through to the end of 2015.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceEquipmentOperations & Maintenance

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free