Proserv prepares for expansion as new work comes in

Energy services company Proserv has secured contracts valued at more than $12 million so far in 2017 and has revealed plans to open new bases in Saudi Arabia and India.

Proserv said that the wins include a ‘significant contract’ with an unnamed global oil and gas operator for the delivery of a three-well subsea control system in Indonesia.

For an unnamed Middle East operator, Proserv will design, engineer and manufacture chemical injection systems while a decommissioning project was secured in the Far East for severing a platform from a subsea well.

Also, the Aberdeenshire-based company is continuing to expand, setting up a new engineering center in Chennai, India and a manufacturing and fabrication facility for surface production equipment and services in Dammam, Saudi Arabia.

The company added that it recently invested over $2 million in two new Multi-String Cutting (MSC) systems for well severance campaigns and that it intends to invest further in research and development of new technologies in 2017 with two new subsea tools set to launch in the first quarter of the year.

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Nigeria Oil & Gas Conference & Exhibition 2019

The annual meeting once again proved to be a great success, gathering over 700 industry professionals…

read more >

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

Gas Indonesia Summit 2019

Gas Indonesia Summit & Exhibition is returning for the fourth edition in Jakarta…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply