Innovation Norway funding
Our firm commitment to innovation was rewarded this year with funding from Innovation Norway for the design and production of a new line of products.
Innovation Norway contributes to sustainable growth and exports for Norwegian business and industry through supporting grants these funds are currently being used to develop a new product for the completions market. The new technology will build on the design of our proprietary Ace Ratchet Collar to deliver further savings for clients. With the design stage already underway, the new product is currently undergoing a rigorous testing process at our Stavanger testing facility.
The anticipated launch date is later this year, so watch this space to find out more.