Aberdeen offshore rental firm Hiretech has announced it has acquired new equipment as part of a recent six figure investment in decommissioning equipment.<\/p>\n
The 600,000 investment was encouraged following client feedback received by Hiretech.<\/p>\n
It has resulted in the firm taking receipt of newly built subsea shears and hydraulic grabs.<\/p>\n
Duncan Duthie, decommissioning and subsea business development manager, said: We were keen to pinpoint the correct target for our investment, and collaborated with our clients and the manufacturer to go back to first principles for the subsea shears.<\/p>\n
We now have shears specifically designed for water depths of up to 10,000 feet with performance, ease of operation and maintenance a priority.<\/p>\n
Hiretech, which offers equipment rental and personnel supply to the energy and marine industries, has not been unaffected by the effects of Covid-19 and the recent oil price volatility, its bosses said.<\/p>\n
But the firm added that it believes the business environment has now stabilised.<\/p>\n
Andy Buchan, Hiretech chief executive, said: Talking to our peers and clients, it is apparent that activity drops through the worst months of the pandemic of up to 70% from last year were not uncommon, although there are definitely encouraging signs of a bump off the bottom at the moment.<\/p>\n
Like other businesses, we have had to resize, refocus and reinvigorate our team to meet the new challenges we face.<\/p>\n
We see tremendous opportunities for SMEs in the new world.<\/p>\n
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Hiretech snaps up new offshore equipment as part of recent 600k investment - News for the Oil and Gas Sector - Energy Voice<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Aberdeen offshore rental firm Hiretech has announced it has acquired new equipment as part of a recent six figure investment in decommissioning equipment. The 600,000 investment was encouraged following client feedback received by Hiretech Continue reading