Ashtead Technology Increase Subsea Equipment Rental Stock
Ashtead Technology announce at the U.K.'s Ocean Business 2013 expo that it has purchased Sonardyne 6G acoustic positioning equipment value £1.3 million. This latest acquisition is the second significant order placed by the company for 6G in the last 12 months, further strengthening the Ashtead Technology fleet of Compatt 6 transponders, including various sound velocity, digiquartz and inclinometer sensors, GyroCompatts, RovNav 6LBL transceivers and both omni and directional Wideband Sub Mini transponders.
Sonardyne Receives SPRINT Order From Saipem
Sonardyne International Ltd. has received an order valued at over £2.1 million from international oil and gas turnkey contractor Saipem. The order includes six SPRINT systems and associated acoustic positioning equipment, making it Sonardyne’s largest sale of acoustically aided inertial navigation technology to date. SPRINT (Subsea Precision Reference Inertial Navigation Technology) will be deployed in April in the West Delta Deep Marine concession (WDDM). This natural gas field is situated about 90 kilometers offshore the North-West Nile Delta, at water depths between 400 and 1,000 meters.