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Forum Energy Technologies Secures Contract with Indonesian Navy to Build Rescue Submarine.

Jul 06, 2025

Contract Type

contract

HoustonManufacturingEnergyOil And GasRenewable Energy

Description

Forum Energy Technologies has announced a significant contract with the Indonesian Navy to supply a submarine rescue vehicle system. The contract includes providing a custom-designed launch and recovery system along with a decompression system.

Company Information

Company

FORUM ENERGY TECHNOLOGIES, INC.

Location

920 MEMORIAL CITY WAY

Houston, Texas, United States

About

Forum Energy Technologies, Inc. is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. The company’s products include highly engineered capital equipment as well as products that are consumed in the drilling, well construction, production and transportation of oil and natural gas.

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FORUM ENERGY TECHNOLOGIES, INC. signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.