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 […]
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