Hiretech investment adds Nitrogen pumps to rental offering
31 March 2021
Hiretech Limited is further expanding its rental fleet offering with the addition of two 180k Zone 2 nitrogen pumping units as part of a £1million CAPEX investment planned for 2021.
The pumps are currently being refurbished in the company’s workshop and are scheduled for completion late April 2021.
The addition comes as the company responds to increasing supply requests from its existing client base.
Andy Buchan, CEO at Hiretech, commented, "We have been encouraged by our clients for as long as I can remember to get in to the nitrogen business, and now feels like the right time for us to take this forward. The skills sets and client base we have make this a great addition to our business.”
The nitrogen pumps will augment Hiretech’s existing range of pumps, hydraulic power packs, winches and powered umbilical reels which are utilised across various hydraulics, well service, pipeline, chemical cleaning, decommissioning, subsea and renewables client projects.
This latest investment comes as Hiretech continues to diversify and expand its rental equipment offering, and is in addition to two six-figure investments made in 2020, when subsea shears and air winches were added to the company’s growing rental fleet.