Ashtead Technology Acquires ACE Winches
International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of ACE Winches.Established in 1992, ACE Winches’ core offering supports the installation, inspection, maintenance & repair and decommissioning of offshore energy infrastructure which is highly complementary to Ashtead Technology’s existing equipment and services portfolio.ACE Winches is Ashtead Technology’s eighth acquisition in the last six years and follows the group’s acquisitions of Aberdeenshire-based
Ashtead Technology Becomes Exclusive Rental Partner for Reach Robotics' ROV Arm Solutions
UK-based subsea rental equipment and solutions specialist Ashtead Technology has signed a rental agreement with Reach Robotics, an Australian-based manufacturer of all-electric robotic arm solutions for inspection class ROVs.Ashtead Technology will be the exclusive rental partner for all Reach Robotics manipulators which enable inspection, maintenance and repair tasks usually reserved for more expensive work-class ROVs."Reach Robotics ROV manipulators are compact, lightweight and offer best-in-class performance designed for operating in harsh environments. Available in a range of configurations
Ashtead Technology Names Renewables Business Manager
Subsea rental equipment and solutions firm Ashtead Technology has appointed Rich Fry as Group Business Development Manager – Renewables. The company said Fry brought strong credentials to the company with over a decade of experience working with equipment manufacturers, installation, and O&M contractors in various engineering, project management, and business development roles in the offshore renewables market. Ashtead said the appointment came at a "pivotal time" for the company as it continued to build momentum in the offshore renewable energy sector, supporting the
Allspeeds Delivers 'Largest' Webtool Cutter to Ashtead Technology
Hydraulic tool maker Allspeeds said Thursday it had supplied a Webtool HCV330 hydraulic cutter to subsea equipment rental firm Ashtead Technology.According to the company, this is the largest Webtool cutter manufactured so far, and is designed to cut large diameter umbilicals and subsea power cables up to 330mm.It will add to the fleet of high-performing subsea cutting technologies that Ashtead Technology already has for the offshore energy sector."Advances in subsea power cables mean they are now larger in diameter and better armored. The Webtool HCV330 allow the cables to be cut cleanly in a
Ashtead Technology Buys Hiretech
UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning, and conventional energy markets. It was established in 2011."Through its multi-purpose fleet of marine and subsea equipment rental assets and skilled personnel, [Hiretech] the business boasts an excellent offshore renewables and decommissioning-focused support services offering, which [Ashtead Technology] will seek to leverage to meet growing global
Ashtead Technology Appoints Christie as Head of Mechanical Solutions Business
UK-based subsea equipment rental and solutions specialist Ashtead Technology has appointed James Christie as the new leader for its Mechanical Solutions service line.Ashtead Technology said that Christie, who is Regional Director for Ashtead Technology’s Asia Pacific region and has been with the company for over three years, also assumes the role of Head of Mechanical Solutions "as the company looks to cement its market position as a leader in IMR and decommissioning services for the global offshore energy sector."Per Ashtead, Christie has over 22 years’ subsea industry experience
Ashtead Technology to Acquire Subsea Dredging Firm WeSubsea
UK-subsea rental equipment and solutions specialist Ashtead Technology said Monday it planned to acquire WeSubsea to expand its mechanical solutions service offering.Founded in 2010, WeSubsea is a specialist in subsea dredging technology solutions with its operating base in Aberdeenshire, UK.Ashtead Technology said that the transaction is expected to close during Q4 of 2022. This will be the group’s sixth acquisition in the past five years. Allan Pirie, Ashtead Technology’s CEO, said: “WeSubsea is a pioneering technology business with an excellent reputation and strong customer
Ashtead Technology Names Gillespie as Commercial Director
UK-based subsea equipment rental and solutions specialist Ashtead Technology has named Bob Gillespie as Commercial Director. Gillespie most recently worked for the Norwegian offshore installation services firm Havfram where he was UK Managing Director. Before that he held senior commercial positions with Fugro, TechnipFMC, and McDermott before becoming UK Managing Director of DOF Subsea. Gillespie said: “Ashtead Technology is an ambitious company with a first-class reputation and I am delighted to be joining the business at such a pivotal and exciting time in its evolution. &ld
Ashtead Technology Signs Rental Agreement with RTS
UK-based subsea rental equipment and solutions firm Ashtead Technology has signed a rental agreement with Norway-based RTS, a provider of electronic engineering equipment for the underwater industry.Under the deal, Ashtead Technology will have access to the RTS-owned equipment fleet. In addition, Ashtead Technology has purchased an initial ten Gen 5 multiplexer systems, which will have the capability to upgrade to Gen 6 specification."The Gen 5 is one of the most versatile survey multiplexer systems in the market offering accurate, flexible and robust subsea data transfer combined with user-friendl
February 2024
