Ashtead and 4Subsea have entered a partnership for global distribution of sensor technology to the oil and gas industry.
The partnership will see the combination of sensor engineering competence, domain expertise and technologies to ensure the lifespan of subsea assets.
It will also help operators and vessel owners reduce risk and operational costs associated with operating subsea fields.
Ashtead Technology CEO Allan Pirie said: “Our customers now have access to a leading innovator in offshore asset monitoring and integrity solutions.
“Adding 4Subsea’s autonomous sensor technology and services to our existing capabilities means we can now offer a comprehensive monitoring and integrity management service to support the performance and life extension of critical infrastructure.”
Under the terms of the strategic partnership, Ashtead will add 4Subsea’s autonomous, retrofittable sensors to its portfolio to improve its inspection, maintenance and repair (IMR) services.
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The company will also get access to 4Subsea’s domain experts within subsea production, well intervention and drilling.
4Subsea will also leverage Ashtead’s sales and distribution network, including facilities in Aberdeen, Abu Dhabi, Halifax, Houston and Singapore to bolster its position in the global sensor market.
4Subsea CEO Peter Jenkins said: “We are pleased and excited about building a partnership with Ashtead Technology.
“They hold a world-leading position in providing offshore equipment solutions to the oil and gas industry, and we regard this partnership as a joining of forces to enhance our offering to the market and drive greater customer success.”