Ashtead Technology offers integrated decom solutions
The number of offshore assets reaching the end of their life, globally, is rising, meaning decommissioning projects are a real eventuality for many operators.
The number of offshore assets reaching the end of their life, globally, is rising, meaning decommissioning projects are a real eventuality for many operators.
Marine services group James Fisher has appointed Angus Cockburn, one of the top bosses at Serco, as its new chairman.
Anderson Anderson & Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q3 2019 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
Subsea equipment firm Ashtead Technology has signed a global lease pact with a subsidiary of Oceaneering.
North-east subsea equipment rental, sales and services firm Ashtead Technology said yesterday it had snapped up a Middle East company to grow its business in the region.
Scottish subsea service company Ashtead Technology said its Houston office had gained an industry seal of approval for maintaining the highest oil and gas safety and quality standards in the Gulf of Mexico.
Profits at Ashtead Technology jumped by almost 40% after the Aberdeenshire-based subsea machinery supplier invested a record amount in rental equipment. The company pumped £10.1million into its capital expenditure programme in the year to April 30, 2014,up from £9million in the previous 12 months and the highest tally since the business was founded 29 years ago. Operating profits rose to £13.6million, from £9.7million previously, on the back of a 23% increase in turnover to £27.4million.