SPT GyroLogic™ performs a successful survey operation for the Milan Metro

Stockholm Precision Tools successfully performs 100 independent horizontal survey operations for the Milan Metro ensuring a safe structure for the new Metro Line.

22/10/2019

SPT continues to show strong economic growth in 2019

According to the latest competitive financial analysis, Stockholm Precision Tools has shown overall growth in the company’s value. The Valuation Competitor Report applies what is known as an excess return model. This model focuses on the company’s ability to generate value-creating profits in the short and long term. The advantage of Valuation’s model is that […]

08/05/2019

SPT Ranks Top 8% in Sweden for Valuation and Stability

Based on Stockholm Precision Tools latest financial statements, the company has achieved a rating in the top 8% of Swedish limited companies in terms of value, stability, and profitability. Adding to over 20 years of accomplishments, SPT is proud to have achieved this certification. This valuation is comprised of three main factors that help estimate […]

15/04/2019

Amuriyah – SPT Case Study

Problem Raising an 82,000-tonne Iraqi tanker from the ocean floor On the afternoon of January 23, 1991, the Amuriyah, an 82,000-tonne Iraqi oil tanker sunk near Bubiyan Island off the coast of Iraq during Operation Desert Storm. In 2014 it was decided the tanker needed to be removed because it was within the tanker turning […]

14/01/2019

North Seeking Gyro Survey Tool Terminology

Terminology in the downhole gyro survey tool industry can be confusing. To help bring some clarity, we’ve collated all of the technical terms that the GyroTracer and GyroMaster use, along with their definitions. We want you to understand the physical and technical meanings of the different terms that our solid-state north seeking gyro survey tools […]

25/02/2017

New manufacturing facility to meet growing demand

“We are very excited about our expansion plans”, said Orlando Ramirez, President & CEO. “This new facility will provide us an additional 11,000 square meters of manufacturing space, but more importantly provide improved freight, reduced lead-times, and increased flexibility to our customers in the worldwide market.” The plant manufactures a number of existing product lines […]

01/02/2015

SPT offers unrivaled 24/7 customer support

Stockholm Precision Tools is proud to deliver a second-to-none 24/7 Customer Support service, which not only provides confidence to our clients but also a significant competitive edge, in that it helps them to minimize tool downtime as well as securing valuable commercial contracts. We understand that fast round-the-clock customer support is critical to our clients’ […]