Subsea Technology and Rentals (STR) (Altens, United Kingdom) is further strengthening its presence in the Asia-Pacific region by securing new custom-designed premises in Singapore as part of ongoing international growth plans.
STR, which describes itself as a leading provider of specialist survey and inspection rental equipment, products, and data-enabling services to the offshore energy market, has made the move to a larger 10,000-square-foot (929.0 m2) facility. This site is three times the size of its previous premises.
The facility will allow STR to increase its service lines and capabilities, according to the company. It includes a large open-plan electronics workshop that features space to set up and test multiple complete offshore electronic spreads, cable spooling, testing facilities, and state-of-the-art access control features to satisfy the requirements for Singapore Customs Strategic Goods export controls.
With significant investment in regional resources, including equipment and organization, the custom-designed facility will enable the business to better support growing demand from clients based in the region and across the offshore energy market.
According to the company, the move reflects its ambitious growth plans following investment in new larger U.S. facilities and the launch of its 30,000-square-foot (2,787.1 m2) innovation and technology centre in Great Yarmouth, United Kingdom, which is home to the research and development of STR’s technical solutions and products.
“Our new Singapore facilities are further testament to the ambitious growth plans we have at STR and the trust we have built with our clients,” says Jason French, STR’s regional director for the Asia-Pacific region. “It’s an opportunity to further build on STR’s significant presence and reputation in the region.”
“STR has the youngest and most advanced survey equipment fleet in the world,” he continues. “Offering an industry-leading working environment will provide a platform to attract more talent to our team, enabling STR to provide a more extensive and best-in-class response service to our clients across the growing offshore energy market.”
“Strategically located alongside key logistics channels, we are looking forward to welcoming clients into our new facilities to experience first-hand our operational capability, new equipment fleet, in-house products, and specialist services we can support them with,” French concludes.
Source: Subsea Technology and Rentals, www.str-subsea.com.