Subsea Technology & Rentals (STR) is pleased to announce its continued investment in Norteks DVL1000 systems. This announcement comes after STR’s largest acquisition of Nortek equipment to date, showing a buoyant offshore energy industry and growing confidence in Nortek as the go-to supplier for Doppler Velocity Log (DVL) technology. These systems will support STR’s global […]
This appointment comes at a pivotal time for STR’s Houston team, who are currently preparing to open its first facilities later this month to facilitate STR’s rate of growth to service our customers operational demands. This strategic expansion is being driven by the recent investment by Baird Capital and STR’s Board of Directors who are […]
Subsea Technology & Rentals (STR) is delighted to announce its recent investment in Tritech International Ltd’s subsea technology. The announcement was made at Oceanology International 2022in London, United Kingdom. The investment will see a number of Tritech’s Bathymetric Systems and Gemini Multibeam Imaging Sonars added to our global fleet to support customer requirements in the […]
Subsea Technology & Rentals (STR) is delighted to announce its continued investment in Innova A/S’s Matrix MKII+ systems. This investment will see an additional six Matrix MKII+ systems delivered to support an increased demand in customer requirements in the Offshore Energy Industry. The Matrix is an established and proven stand-alone fibre optic multiplexer and control […]
Subsea Technology & Rentals (STR) is pleased to announce its continued investment in iXblue subsea navigation systems, strengthening its global rental fleet. STR’s investment notably includes the acquisition of iXblue’s long baseline (LBL) system; Canopus, making them the first rental company to offer the system for hire. Part of iXblue’s sparse LBL solution, Canopus brings […]
Another successful cooperation between Subsea Technology & Rentals and the MacArtney Underwater Technology Group leads to the addition of the just-launched NEXUS 8 multiplexer to STR’s rental inventory. Historically STR have been investing in MacArtney multiplexers for years, with the custom NEXUS MK-C being a customer favourite. The NEXUS 8 is a natural step for […]
LONDON—18 Jan. 2022— Baird Capital’s Global Private Equity team today announced an investment in Subsea Technology & Rentals (“STR”), a leading independent subsea rental equipment and specialist services provider to the offshore energy industry. The terms of the deal were not disclosed. The funding will allow STR to develop its equipment and service offerings through […]