ABERDEEN, SCOTLAND – FEBRUARY 2010 - Despite the current economic conditions, Ashtead Technology is continuing to prove its going commitment to the subsea market with an ongoing capital expenditure program and the introduction of ROV Tooling to its rental fleet.

Ashtead has partnered with leading ROV tooling specialist Seanic Ocean Systems to offer customers a range of tooling solutions. To be launched at Oceanology International 2010, the offering of Seanic Tools now available to rent from Ashtead Technology includes the API 17D Class 1-4 TT (Torque Tool) with Test jig, Flying Lead Orientation Tool (FLOT), Super Grinder AX/VX, and Hub Cleaning Tools. Seanic is a leader in providing simple rugged and reliable subsea tooling for remote intervention. The Class 1-4 TT is an example of this philosophy – a dependable tool with a mechanical counter (to avoid problems with digital counters) and robust latch system to ensure a secure lock into the subsea bucket. The latest version of this tool will be on display at the Ashtead Technology Stand (Stand H305) at Oceanology 2010, at the London Excel.

The Partnership Agreement between Seanic and Ashtead Technology covers the exclusive rental of Seanic tools in the North Sea, Africa, Mediterranean and Singapore (including Australia and SE Asia) territories. Commenting on the agreement, Tom Ayars, President of Seanic said “We recognise the vast experience Ashtead Technology have in the subsea rental market and the Agreement will ensure the exposure of our ROV tools to a wider market, providing an excellent opportunity for both companies.” Ashtead Technology Managing Director Mark Derry adds "The recent investment in Seanic ROV tooling and the setting up of the Partnership agreement emphasises Ashtead Technology's commitment to subsea technology and further establishes Ashtead as a leader in the worldwide subsea rental market. It is a natural step for the business, adding ROV tooling to our extensive range of ROV Sensors currently available for rental.

Notes for Editors

Ashtead Technology specialise in the rental of technically advanced equipment for Underwater Positioning and Surveying, Remote Visual Inspection, Non-Destructive Testing and Environmental Monitoring from 14 offices worldwide. Fully equipped workshops are located in the United Kingdom, USA and South East Asia and all Offshore equipment is rented with full 24 hour technical support. Seanic Ocean Systems is based in Houston Texas and was formed to address the growing demand for simple, rugged and reliable subsea tooling for remote intervention. The ability to provide “Innovative Solutions to Remote Problems” comes from employees’ years of experience in the subsea industry. Along with engineered solutions Seanic also offers experience in the design, manufacture and repair of deck equipment such as A Frames, LARS, heave compensation, specialty winches along with a standard product line of ROV tooling such as torque tools, FLOT’s, standard and zero leak hot stabs, manifolds, buckets and ROV interface panels just to name a few.

For further information, please contact:

Angela Sakapaji
Marketing Executive
Ashtead Technology
Tel: +44 (0) 1224 771888
E: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Download PDF