Ashtead Technology Expands Subsea Rental Portfolio

  • Business & Finance

Ashtead Technology has secured a deal with Neptune Oceanographics, adding underwater leak detection products to its rental fleet.

Ashtead Technology will now offer Neptune’s leak detection systems and sensors including long range fluorescence and passive acoustics for rent to customers.

Tim Sheehan, commercial director of Ashtead Technology, said: “With billions invested in installing subsea infrastructure around the world, inspection, repair and maintenance of pipelines becomes increasingly important. As part of the need to ensure pipeline integrity, periodic inspections deploying leak detection systems alongside other tools are required to identify and prevent problems. Neptune’s best-in-class leak detection systems are therefore a welcome addition to our rental fleet.”

From its offices in the UK, Houston and Singapore, with agents in Abu Dhabi, Perth (Australia) and Stavanger, Ashtead Technology said it will promote and supply Neptune’s leak detection equipment to a global market, providing a range of fluorescent, acoustic, methane and hydrocarbon detection tools.

In addition, following the acquisition of a substantial shareholding in Neptune by Norway based subsea equipment and services company, Innova, a comprehensive R&D programme was launched for further development of leak detection technology. Ashtead, which already has an established partnership with Innova said it will support market expansion of global subsea pipeline leak detection services.

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