• Global expansion with major equipment investment

Business News

Global expansion with major equipment investment

Nov 06 2024

Teledyne Valeport is pleased to announce a significant equipment investment from NOR Offshore Rental (NOR). As part of a strategic growth initiative, NOR has placed a substantial order for Valeport technology to support its UK subsidiary, NOR LTD, based in Aberdeen.

This new investment includes a range of advanced Valeport instruments, such as the Bathy 2, Midas SVX2, miniSVS, miniIPS2, and Model 106. These additions will strengthen NOR LTD's ability to meet growing demand for its services and equipment, both in the UK and globally. With this expanded equipment pool, NOR LTD will now be able to offer the same state-of-the-art capabilities as NOR's headquarters in Norway, ensuring faster, more efficient mobilisation of services and equipment across the North Sea and beyond. The move underscores NOR's commitment to providing clients with the best marine technology available and streamlining operations across its global network.

NOR’s Chief Commercial Officer, Jostein Jansen, emphasised the importance of this investment in Valeport’s equipment: “The addition of Teledyne Valeport’s technology to our rental pool enables us to offer advanced solutions to our clients. This investment is a significant step forward in our efforts to align our UK subsidiary with the same comprehensive quality offer we deliver from our headquarters. With expanded capabilities in Aberdeen, we are confident we can serve our clients with greater speed, efficiency, and reliability.”

As part of this expansion, NOR LTD will be relocating to a larger facility in Aberdeen, triple the size of their current premises, to further support their growth in the region. This larger footprint will enable faster mobilisation of equipment, improved logistics, and strengthened service delivery to support their clients in the North Sea and beyond.

Kevin Edwards, Chief Commercial Operations at Teledyne Valeport, welcomed the investment: "NOR’s continued investment in our instruments reflects the trust they place in the quality and precision of our technology. We look forward to supporting NOR as they grow their operations and continue to serve their clients globally with the best in marine instrumentation."

Alongside expanding its presence in the UK, NOR is also investing in Valeport equipment for deployment in key regions worldwide, further reinforcing their role as a leading provider of advanced offshore rental solutions.


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