Subsea Technology & Rentals bolsters rental fleet with investment in Nortek DVLs

Subsea Technology & Rentals (STR) is pleased to announce its continued investment in Norteks DVL1000 systems.

This announcement comes after STR’s largest acquisition of Nortek equipment to date, showing a buoyant offshore energy industry and growing confidence in Nortek as the go-to supplier for Doppler Velocity Log (DVL) technology. These systems will support STR’s global operations.

Nortek’s Business Development Manager for Navigation, Rory Findlay says “We are thrilled that STR have decided to continue to invest Nortek’s products into their rental fleet, adding to their already significant pool of Nortek equipment. We look forward to our continued relationship with STR as they continue their reputation as early adopters of the newest subsea technology”.

Nortek’s DVL products are the most compact survey grade DVLs available on the market. Used extensively within the offshore energy, defence and research sectors they have established themselves as the industry standard over the past five years, resulting in significant demand from the rental market.

STR’s Chief Operating Officer, Scott Johnstone says, “With a successful start to 2022 for STR, we continue to go from strength to strength with the welcomed investment by Baird Capital which has vaulted the growth trajectory of STR internationally in terms of our products and resources”.

This investment with Nortek is STR’s largest to date and it reflects the operational demands from our customers in specifying the DVL1000 to support their requirements. We are delighted to continue to evolve our relationship with Nortek and look forward to a bright future ahead.

STR Contact Information:
Photograph: Scott Johnstone and Rory Findlay
Tel: 01493 445440

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