Forum Subsea Rentals Invests in Multi-Million Rental Order

Published May 10, 2016
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Forum Subsea Rentals, a subsidiary of Forum Energy Technologies, Inc., has further strengthened its global offering of state-of-the-art rental equipment by placing a multi-million dollar equipment order with subsea technology provider, Sonardyne International Ltd.

This order demonstrates Forum’s commitment to long-term growth and continued investment in new equipment to ensure customers are offered the latest, cost-effective rental solutions coupled with assurance of reduced downtime by utilising new assets.

Some of the equipment ordered will deployed within Forum’s global rental pool, however the majority is committed to secured field development projects in West Africa and North Africa. I

Included in the order are multiple Ranger 2 GyroUSBL acoustic positioning systems which combine Sonardyne’s 6G acoustic positioning transceiver technology and a Lodestar AHRS sensor in the same mechanical assembly. These systems are ideally suited for quick deployments on vessels of opportunity as without need for a USBL calibration to determine the alignment of the ship’s motion sensors to the acoustic transceiver, they provide significant saving in vessel time and operational costs.

Richard Main, Operations and Global Asset Manager for Forum Subsea Rentals, says, “Our continued investment in new products is essential to ensure the long term reliability and dependability of the Forum Subsea Rentals global fleet. Even given the downturn in the industry, demand for Sonardyne 6G equipment remains high and this further investment in the technology will ensure that we are well placed to meet our customers’ requirements and position us well when the market recovers.”

Alan MacDonald, Sales Manager for Sonardyne, comments, “Forum Subsea Rentals has long been a rental supplier of Sonardyne equipment and we’re delighted with the continued demand for 6G to support important field development projects. This latest investment demonstrates continued commitment to providing its customers with the best available and lowest risk subsea technology for all their survey and construction campaigns.”

Tags: Forum Energy Technologies, Forum Subsea Rentals, Inc., Sonardyne International Ltd.


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