Ashtead Technology acquires Ace Winches for £53m
Ashtead Technology has acquired fellow north-east energy services firm ACE Winches in a multi-million-pound deal.
Ashtead Technology has acquired fellow north-east energy services firm ACE Winches in a multi-million-pound deal.
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
Offshore renewables were up 74.1% to £16.3 million, from £9.4mn in the previous period. Offshore oil and gas revenues were up 50% at £33.5mn.
Revenues for oil and gas and offshore wind have jumped for the Aberdeenshire-based, AIM-listed subsea firm.
Aberdeenshire-based Ashtead Technology (AIM: AT) has continued its acquisition spree, beefing up its mechanical solutions service offering.
As Ithaca Energy looks to make an Initial Public Offering (IPO) in London, we take a look at some of the other North Sea operators that have launched stocks recently.
Ashtead Technology (AIM: AT) has reported a huge bump in takings in its first half-year results since the company’s IPO in November last year.
Aberdeenshire-based Ashtead Technology (AIM: AT.) has predicted a 25% year-on-year bump in revenues for the first half of 2022.
Westhill-based Ashtead Technology has lifted its profit expectations for the year as demand – and prices – of its rental equipment has grown in both the offshore wind and oil and gas sectors.
Ashtead Technology is forecasting a buoyant balance sheet after a “strong performance” in 2021.
Ashtead Technology enjoyed a solid debut on the London Stock Exchange’s AIM market yesterday.
Ashtead Technology has reached a market valuation of nearly £130million from its initial public offering (IPO).
Ashtead Technology has created a new role to head up its increasing activities in renewable energy.
An Aberdeen subsea technology firm has secured a contract with Total E&P Angola after executing its first marine services project in West Africa.
Integrated subsea technology and services firm Ashtead Technology has launched a recruitment drive after completing the £1 million development of a new research and development and engineering facility in Aberdeenshire.
Ashtead Technology’s boss said yesterday that the firm was “well positioned” for future growth despite the challenges thrown up by Covid-19.
Subsea services firm Ashtead Technology has announced an expansion to its management team as part of efforts to “cement its position” at the forefront of the global offshore energy market.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
Subsea Expo 2020, set to be the biggest in the event’s 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020.
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.
Subsea service firm Ashtead Technology has continued its hot streak of acquisitions with the takeover of a north-east contractor.
Aberdeenshire-headquartered subsea service firm Ashtead Technology has invested £1.5 million in a new base in Houston as part of its international expansion drive.
Ashtead Technology has taken over a Louisiana-based energy services firm as part of its US expansion plans.
Ashtead Technology has joined forces with 4Subsea to help beef up its inspection, maintenance and repair services.
Global subsea equipment specialist Ashtead Technology said yesterday its recent merger had taken it to a higher level after a year-on-year improvement in financial performance.