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North-east company expands offering for energy and marine industries

By Kyle Ritchie

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A Fintray-based firm is further expanding its rental fleet offering for the energy and marine industries.

Hiretech Limited has announced the addition of two 180k Zone 2 nitrogen pumping units as part of a £1 million capital expenditure investment planned for 2021.

The pumps are currently being refurbished in the company’s workshop and are scheduled for completion by the end of the month.

The addition comes as the company responds to increasing supply requests from its existing client base.

CEO at Hiretech Andy Buchan said: “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 skill sets and client base we have make this a great addition to our business.”

Hiretech Limited has invested in nitrogen pumping units.
Hiretech Limited has invested in nitrogen pumping units.

Based at Fintray, Hiretech was established in 2010 and has successfully delivered a wide range of global projects. The company received a Queen’s Award for Enterprise for International Trade in 2020.

It offers equipment rental and personnel supply to the energy and marine industries, to support hydraulics, well service, pipeline, chemical cleaning, decommissioning, subsea and renewable activities. The company’s portfolio includes a wide range of pumps, umbilical reels, hydraulic power units, shears, grabs and air winches.

The nitrogen pumps will augment Hiretech’s existing range which are utilised across various 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.

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