Ashtead Technology launches new Integrated Technical Services Group

Company News - November 9, 2011

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Subsea equipment rental specialist Ashtead Technology has announced the launch of a new Integrated Technical Services Group as a key part of its strategic growth strategy.

The launch of this diversified service offering will include enhanced capabilities for bespoke systems integration, equipment maintenance and repair in the field. This will be supported by substantial investment in new equipment and modern calibration facilities through a network of regional offices around the globe.

To support this new offering, significant investment has also been made in strengthening the senior management team in Aberdeen, with new personnel joining the company including Ross Macleod, Mark Ellington and Craig Towers. "These are well known and highly respected individuals in the offshore services sector, and will without doubt contribute hugely to the development of the new group," said the company.

Based in Aberdeen, with regional offices in Singapore and Houston, and agencies in Norway, Dubai and Australia, Ashtead Technology is a provider of equipment for the global subsea construction and maintenance market.

"In recognition of changing client requirements, Ashtead Technology have made this move to offer an enhanced service that delivers significant added value and which is designed to simplify and increase efficiency in offshore operations," the company said.

"This investment in people and capability is a natural step in Ashtead’s long term commitment to the global offshore industry, strategically positioning the business for the long term both in the Oil and Gas and the emerging renewable energy markets."

Speaking about the new investment, Managing Director Mark Derry said:”Ashtead Technology has ambitious growth plans and we are delighted to be able to announce this strategic move as part of our ongoing strategy which will offer new technical support capabilities aimed at supporting our clients in advanced subsea operations, and in the deployment of sophisticated underwater technology.

Ashtead Technology is currently developing new facilities and recruiting additional technical and sales personnel at a number of levels worldwide.

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