Subsea cable and connector specialist Hydro Group has further strengthened its portfolio with the addition of a new state-of-the-art hydrostatic pressure vessel, following a £250 000 investment.
The 2.5 by 1.5 m vessel has the capacity to pressure test large cable assemblies and equipment up to 2200 psi, simulating depths of 5000 ft below sea level.
Doug Whyte, Managing Director at Hydro Group said: “The six-figure investment into the cutting edge technology represents a significant addition to our current capabilities. The new pressure vessel offers a broader range of testing with a more accurate output, and helps further enhance the quality and scope of work we provide.”
Housed in the company’s Aberdeen headquarters, the equipment provides Hydro Group with the ability to design and pressure test complete cable assemblies built for deep waters projects, particularly for the subsea and defence industry.
Mr Whyte, continues: “Evolving our product offering and in-house expertise is paramount to supporting growing client demands. Our team has been trained to offer a complete testing facility and has the internal capability to provide a third party testing service to the wider market.
“The new hydrostatic vessel has allowed Hydro Group staff the chance to enhance their knowledge and skill sets, while adding to our current products, representing significant growth potential for the company.”
Further expanding its product offering and recent increases to capabilities has meant the creation of new jobs for Hydro Group. Staff numbers at the firm’s Aberdeen base rose to over 100 for the first time this year and projected turnover for 2015 is predicted to rise by 12% on £9 million, thanks to increased development in new and existing markets.
Hydro Group is at the forefront in the development and innovation of subsea product technologies, with involvement from prototype concept through to design, manufacture and project management. Hydro Group manufacture the complete package including FAT at its state-of-the-art facilities in Aberdeen, Scotland; umbilical cables, electrical and optical connection systems/assemblies for data, power and signal transmission.
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/26062015/hydro-group-expands-its-portfolio-with-gbp250-000-investment/