MEMBER NEWS: Rovco appoints Fraser Moonie as new COO as it targets global expansion

April 13, 2023
MEMBER NEWS: Rovco appoints Fraser Moonie as new COO as it targets 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,” said Brian Allen, Chief Executive Officer at Rovco. “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.”

Fraser 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.

“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.”


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AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.


Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.


Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

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