Saturday, April 2, 2011

Russell NDE purchases See Snakes from PipeScope Inc.

Russell NDE Systems Inc. (RNDE) is pleased to announce that it has acquired all of the in-line inspection tool assets of PipeScope Inc.,(former licensee of RNDE’s for western Canada oil and gas pipeline inspection services).

RNDE will immediately begin to market in-line inspection services to oil and gas pipeline owners in Canada and internationally.

“This is a strategic move for RNDE as we consolidate our pipeline condition analysis services for the O&G marketplace. We have added See Snake Tools in 3”, 4” and 6” sizes to our Tool inventory as well as a large compressor (used to push the Tools into the pipes) and a Tracked Skid Steer unit, equipped with an Amsteel Rope winch, (used to retrieve the Tools at constant speed). We will now have the capability to offer inspection of unlined oil and gas pipelines which complements the services that we have been offering for lined pipelines” Company President, Dave Russell said.

“This move comes at a time when RNDE has just been awarded a “best in class” award for its equipment that uses RFT technology by the prestigious Frost and Sullivan Group, and its subsidiary, PICA Corp. is moving towards dominance of the pipeline condition analysis business for water and wastewater networks” www.russelltech.com and www.picacorp.com. For more info. Please call Dave Russell at (780) 468-6800

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