Ashtead Technology Forms Partner Agreement with Caribbean-based Reliance Subsea Services

Ashtead Technology Forms Partner Agreement with Caribbean-based Reliance Subsea Services

Global subsea equipment solutions specialist Ashtead Technology has entered into a partnership with Trinidad and Tobago-based Reliance Subsea Services Limited. The US arm of the Scotland-headquartered business will provide subsea survey and ROV equipment through Reliance across the CARICOM region to support offshore drilling, field development, IRM and decommissioning projects.

Allan Pirie, CEO at Ashtead Technology, said: “The appointment of Reliance Subsea as our business partner is an important milestone for us, as they have strong connections within the CARICOM market and a compelling record of assisting international service providers in the region. We are looking forward to combining our global scale and capability with enhanced local representation to explore new trading avenues together.”

Logistics and Technical Resourcing

In addition to Reliance Subsea’s energy services portfolio, the company also provides logistics, technical resourcing, maintenance and project management services to its clients – being one of the first companies in the region to do so.

Karishma Maharaj, executive director at Reliance Subsea, said: “We are excited to build a productive partnership with Ashtead Technology. They hold a leading position in providing offshore equipment solutions to the energy industry which, when combined with our local knowledge and capability, will create a compelling option for clients in the region.”

Ashtead Technology dispatched the first of several equipment shipments to Reliance earlier this month. On-site equipment staging will provide customers with improved responsiveness and localized technical support.

Steven Thrasher, regional vice president for Ashtead Technology, said: “We are very excited to get this partnership underway as it significantly improves our ability to expand Ashtead’s world-class support into a new area.”