Royal IHC has expanded its oilrental fleet with the acquisition of Fraser Hydraulic Power (FHP) in the UK.
Fraser Hydraulic Power (FHP) designs and builds systems for laying subsea cables and umbilicals with tracked engines and tensioners, cable carousels, and drum handling systems in its product range. These are supplied to the subsea telecoms, renewables, and oil and gas industries.
FHP operates from a recently custom-built 28,000 square feet unit at the Neptune Energy Park in Walker, Newcastle.
“This new, facility also offers an ideal opportunity for IHC to strengthen its position in these markets, centralise and further expand the offering of rental equipment, and provide a broader service offering to these customers,” IHC said in a press release.