Slip rings are required to transfer all power, electrical signal and fibre optic signals to/from the ROV.
The sliprings which go in the TMS need to work down to thousands of metres underwater and hence require to work whilst filled with compensation oil.
Voltages required are usually around 3000 volts at maybe 20 amps per phase for the power. Fibre optics nowadays tends to be all Single Mode.
The majority of sliprings used by ROVs are made by Focal (http://www.moog.com/products/slip-rings/)
Look at some of the ROV specific sliprings for better details of what is required.
e.g. http://www.moog.com/products/slip-rings/marine-slip-rings/slip-rings/model-176/