UK-based offshore engineering solutions provider Aquaterra Energy has forecasted an increase in demand for offshore rental equipment in the oil and gas market as confidence in the economy returns.
According to the company, the products that are expected to be in demand specifically include its heavy duty H4 subsea connectors, with a good bending capacity making them suitable for offshore operations.
The products in demand also include NT2 surface connectors that are used to minimise rig time for riser applications, providing the connection between the rig BOP and the surface riser tension joint.
Aquaterra Energy Europe regional director Eric Doyle said: "The availability of high-specification, field-proven shallow and deep-water equipment from stock provides a cost-effective solution for oil and gas companies needing to progress drilling programmes efficiently.
"Time and budget are always of primary concern for offshore projects and the option to rent products off the shelf provides an instant solution with minimum capital exposure."
The products H4, NT2, Speedloc and Fastlock connectors from Aquaterra Energy are said to be available from stock to rent on their own along with a suite of running and operating equipment, or as part of a complete high-pressure riser system.
Mr Doyle added: "We have a trained team of offshore technicians and a full array of installation equipment to deliver offshore operational support."