Ashtead Technology acquires Welaptega

22 November 2018

Subsea equipment solutions specialist, Ashtead Technology has bolstered its rapidly-expanding inspection, maintenance and repair (IMR) services and capabilities with the acquisition of Canadian-based underwater inspection company, Welaptega.

The transaction comes just 10 months after the company completed a joint venture with Forum Energy Technologies, creating the industry's leading independent provider of subsea survey and ROV equipment services with a fleet of 19,000 assets worth in excess of 100 million.

Founded in 1990, Welaptega is a market-leader in mooring system inspection and integrity engineering. Over the past 28 years it has developed a suite of pioneering technologies and services to mitigate failure, prevent damage, and manage the ongoing integrity of offshore operations through a risk-based approach to asset integrity.

By bringing together two world-class portfolios, the deal significantly strengthens the group's subsea inspection capabilities, creating a wider, more competitive offering, whilst reinforcing Ashtead's position as a leader in the provision of advanced offshore equipment solutions.

Ashtead Technology Ltd
Ashtead House, Discovery Drive
Arnhall Business Park
Westhill
Aberdeenshire AB32 6FG
UK
T: +44 1224 771888
F: +44 1224 770129

photo

Sign up for our free e-Bulletin

Alan Ingham Award
Recognising excellence in students and recent graduates

Deadline 31st December


ob19_logo_dates_block_cmyk.jpg (22.6 K)

Visit us at Stand F11

offshoresurvey19_col.jpg (20.7 K)


Short Society Films

Student Presentations Evening (Plymouth)

Why you should attend Regional meetings 


News

If you are you a member of THS UK and would like your news published here too please submit it to helen@ths.org.uk. supplying any images as standalone high-res jpegs.