Ashtead Technoloy Boosts Multibeam Echosounders Fleet
Ashtead Technology, an independent subsea equipment rental company, has spent USD 2 million to bolster its fleet of multibeam echosounders. The company made a deal with R2Sonic for 12 systems, to support customer’s requirements. David Mair, business development director of Ashtead Technology, said: “Over the past year we have seen a growing […]
Dril-Quip Reports Q2 Loss | Subsea World News
Dril-Quip has reported net loss of $3 million, or $0.08 per diluted share, for the three months ended June 30, 2018, versus net income of $15 thousand for the second quarter of 2017. Total revenues were $95 million during the quarter, down 26 percent compared to $128 million for the same period […]