Norway’s rich history of innovation in offshore energy presents significant opportunities for Ashtead Technology to enhance its service offerings for customers locally, building on strong foundations having previously supported the region remotely for many years.
The new facility serves as a strategic hub, initially offering a comprehensive suite of remotely operated vehicle (ROV) tooling and subsea survey technology. Coupled with valuable local expertise and support, the new operation delivers faster response times for customers in the region.
This expansion follows the acquisition of ACE Winches in 2023, which provided Ashtead Technology with its first facility in Stavanger for managing lifting, pulling, and deployment services. This additional investment reinforces Ashtead Technology’s commitment to serving the energy sector in this key European market, and it plans to expand its Norwegian team and service offering further over the next year.
Brett Lestrange, COO of Ashtead Technology, said: “Norway has long been at the forefront of technological innovation in the offshore energy industry, and we are thrilled to be a part of this dynamic market. Our latest investment in Stavanger underscores our commitment to providing unparalleled support and expertise to our Norwegian customers.”
This latest investment in Norway is part of Ashtead Technology’s commitment to delivering high-quality subsea technology and services and supporting customers across the offshore energy sector. The business has expanded rapidly, completing eight acquisitions in the past seven years. With a headcount of over 600 people and 23,000 items in its technology portfolio, it serves customers from twelve strategic hubs across the globe.
