OEM, Launches Direct to Customer Nitrogen Pump Rental Service
£1million Investment Sees OEM, Prior Power Solutions, Launch New Direct to Customer Nitrogen Pump Rental Service
One of the UK’s leading providers of nitrogen pumps – Norfolk based Prior Power Solutions – has this month announced the launch of a new direct to customer pump rental service that will support the oil and gas industry’s need for greater product availability.
The 90k and 180k nitrogen pumps will provide owner operators with rental products that can be used across multiple applications including purging, well bore cleanouts, well fracturing and nitrogen perforation, and positions Prior Power Solutions as the first British Original Equipment Manufacturer (OEM) to rent its own nitrogen units.
The service – which have been launched specifically to provide a non-capex option – enables owner operators to benefit from the product without the cost of purchase.
Speaking about the launch, James Rix, MD at Prior Power Solutions said: “The launch of this service comes as a direct response to market demand for the availability of this product in a rental form and the industry’s need for significantly more availability.
“Since Covid, Capex has been less available to customers but the demand for high quality nitrogen pump products underpinned by increased productivity, reduced operational costs and enhanced safety, all whilst minimising environmental impact, has continued to surge.
“By launching this offering we are responding to this customer demand, providing the market with new equipment that has been designed with ease of maintenance and operation in mind combined with the technical support and back up of a team that has been manufacturing these for over 30 years.”
With an investment of £1million – and continued investment planned for the foreseeable future – the service provides customers with not only the latest state of the art pumping equipment but also with the training and access to manpower to support operators out in the field.
And, with a supply chain located predominantly in the heart of Prior Power Solutions’ Great Yarmouth base, the business remains firmly committed to building the local economy, retaining and growing the number of highly skilled and specialist jobs in the area and continuing to invest in young people through apprenticeships and work placements.
The only British nitrogen pump OEM to rent directly to customers globally, Prior Power Solutions has already secured its first order, prior to launch, and is expecting demand for the service to increase quickly.
Prior Power Solutions is a leading provider in the design and manufacture of nitrogen pumps, fluid pumps, hydraulic power units, coiled tubing equipment, compressors, and generator sets for use in hazardous areas. The business also provides extensive equipment repair, overhaul, parts and maintenance services to the offshore oil & gas, renewables, marine, agriculture and construction sectors across the globe.