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News from Proserv

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Proserv rolls out two new facilities to boost global service operations

16 September 2020   Leading controls technology provider Proserv Controls has formally unveiled two new cutting-edge facilities in Mussafah, Abu Dhabi and Cumbernauld, near Glasgow, Scotland as it seeks to drive forwards its expanding service support business. Despite the on-going global challenge....

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Dril-Quip and Proserv Group announce strategic agreement

25 June 2020   Dril-Quip, Inc and Proserv Group today announced an agreement pursuant to which Dril-Quip will rely upon Proserv for the development and manufacturing of its subsea control systems as a supplier. The mutually beneficial arrangement allows Dril-Quip to continue....

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Proserv wins subsea controls award for greenfield development

03 June 2020   Controls technology company Proserv has been commissioned by Independent Oil and Gas plc ("IOGĒ) to provide a complete subsea controls system for IOGís Core Project Phase 1 development in the UK Southern North Sea. Proserv will be responsible....

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Proserv appoints new CFO

11 March 2020   Leading controls technology company Proserv has announced the appointment of Julie Thomson as its new Group Chief Financial Officer (CFO). Last October, Proserv completed a corporate realignment that saw the formation of two standalone divisions: Proserv Controls, based....

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Subsea controls deals boost Proserv at start of 2020

05 February 2020   Leading controls technology provider Proserv Controls saw several substantial wins for its globally renowned subsea controls team through Q3 and Q4 2019, while each of its other offerings also enjoyed strong performances through the year. Proserv Controls was....

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Proserv establishes two new divisions as part of corporate restructuring

01 October 2019   Leading controls technology company Proserv has announced a significant corporate restructure, as it looks to focus on its core strengths and capabilities. The Aberdeen based firm was recapitalised by its new majority shareholders, Oaktree Capital Management and KKR,....

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Proserv agrees to sell field technology services business unit to Acteon

08 July 2019   Leading controls technology company Proserv has today announced it will sell its field technology services (FTS) business unit, including its surveying capability, to subsea services group Acteon. The FTS business comprises cutting, friction stud welding and pipeline....

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Proserv sells subsea communications business Nautronix to Imenco

02 July 2019   Leading controls technology company Proserv has today announced the sale of its through-water digital acoustic communications and positioning systems business, Nautronix, to Imenco, a Norwegian supplier of subsea electronic and mechanical products. The divested unit will become a....

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Proserv sells drilling services business to C-Automation

26 March 2019   Leading controls technology company Proserv and C-Automation, a manufacturing and field services provider specialising in pressure control systems, have today announced the sale of Proservís worldwide drilling services business, which was formerly known as TIC, to C-Automation....

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Proserv prepares for subsea supply chain tightening as demand spikes

04 March 2019   Leading controls technology company Proserv has today predicted that the global subsea sector is set to face supply chain challenges as exploration and production (E&P) activity in the offshore oil and gas industry gradually accelerates. The Aberdeen....

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Proserv sells precision engineering company KRG Industries to GIL Investments

13 February 2019   Leading controls technology company Proserv has announced the sale of its Coatbridge, Scotland based speciality machining business, formerly known as KRG Industries. The divested business will now trade as KRG Specialist Engineering Services Limited and will continue to....

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Proserv Appoints Strategy Specialist

16 August 2018   Proserv has appointed Ewen MacLean to the position of Vice President Strategic Planning and Marketing. Recently refinanced and debt-free, Proserv is restructuring and developing a revised long term strategy. As part of this process, Ewen joins Proservís leadership....

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Proservís Newly Opened Centre of Excellence Welcomes Oil and Gas UK Boss

18 July 2018   Proserv, an energy services company, today welcomed Deirdre Michie, CEO of Oil and Gas UK, to its newly opened Centre of Excellence - Artemis House - in Great Yarmouth. The visit marked Deirdreís first time at the 65,000....

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Proserv Unveils New Great Yarmouth Centre of Excellence

23 May 2018   Energy services company, Proserv officially opened its new purpose-built Centre of Excellence today within Great Yarmouthís Beacon Park. Developer, Great Yarmouth Borough Council, together with New Anglia LEP and key stakeholders, joined Proserv at the 65,000 sq....

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Proserv Looks to Future as Company Completes Financial Restructuring

14 May 2018   Proserv, an energy services company, today announced the completion of a successful financial restructuring, strengthening the long term plans of the company. Through a debt-for-equity exchange and injection of a $50 million investment, the companyís two largest lenders....

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Proserv secures multi-million Repsol contract

16 April 2018   Energy services company Proserv has secured a contract worth over $5.5million (45million Norwegian Kroner) with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea..

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Proserv enters into restructuring agreement

12 March 2018   Energy services company Proserv has entered into a restructuring agreement with its principal lenders which will strengthen the long term financial structure of the company. The agreement will result in up to $50 million of fresh capital being....

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Proserv secures series of decommissioning contracts in Asia Pacific

25 July 2017   Energy services company Proserv has been awarded a series of contracts worth around $4m for its well severance, platform and FPSO decommissioning services in the Asia Pacific region. The contracts have been awarded by Premier Oil in Indonesia;....

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Proserv looking to future growth with new £7million Great Yarmouth facility

05 June 2017   Energy services company Proserv is preparing for future growth by investing in a new purpose built technology centre for subsea controls and communications in Great Yarmouth. The move will see around 190 employees consolidate from two sites in the area into....

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Proserv Middle East secures multiple contract awards

23 May 2017   Energy services company Proserv has been awarded a series of contracts worth a combined value of more than $11million USD for its production control new-build and after-market services in the Middle East. In the UAE, Proserv will be....

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Proserv Norway secures significant decommissioning project awards

11 May 2017   Energy services company Proserv has recently been awarded three contracts worth a combined value of more than $2.5million (approx. 21.5m Norwegian Krone) for decommissioning work in the Norwegian North Sea..

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JDR and Proserv form strategic alliance in West Africa

22 March 2017   JDR, a leading supplier of subsea cables and umbilicals for the global offshore energy industry, has expanded its presence in West Africa through a partnership agreement with Proserv Instrumentation Nigeria Ltd. Under the strategic alliance, JDR will establish....

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Proserv seals significant subsea contract with Premier Oil

08 March 2017   Energy services company Proserv has been awarded a multi-million dollar contract with Premier Oil for work in Asia Pacific. Proserv will supply a subsea control system and associated equipment for the BIGP (Bison, Iguana & Gajah Puteri)....

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Proserv launches new subsea sampling innovation

02 March 2017   Global energy services company Proserv has launched a new subsea sampling cylinder that can improve the quality of results and reduce risks normally associated with sample transfer. Based on existing technology, the Proserv Subsea Sampling Cylinder (SSC) is....

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Proservís A2G Technology Scoops Subsea UK Innovation Award

06 February 2017   Energy services company Proserv has received a prestigious industry award for its subsea communications technology that is breathing new life into ageing brownfield developments. At last nightís (Thursday, February 2) Subsea UK Awards ceremony, Proservís Artemis 2G....

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Strong Start to 2017 for Proserv with New Contracts and Global Expansion

20 January 2017   Energy services company Proserv has secured contracts valued at more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India. The wins include a significant....

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Proserv and SapuraKencana Join Forces in Asia Pacific

11 January 2017   Proserv and SapuraKencana Petroleum Berhadís wholly-owned subsidiary, SapuraKencana Technology Sdn Bhd (SK Technology) are joining forces to provide enhanced technology services to clients in Asia Pacific. Both companies will be leveraging on their respective regionally-based assets, expertise, technology....

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Proserv Strengthens its Capabilities with KLAW Products Partnership

08 August 2016   Proserv, a global technology services company, has formed a strategic partnership with KLAW Products to offer an enhanced field safety service preventing offshore spills in the Middle East. KLAW Products, an oilfield equipment provider, supplies breakaway couplings and emergency release systems for....

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Proserv Secures Double Contract Wins

22 June 2016   Energy services company Proserv has won two significant contract wins in the Gulf of Mexico. The deals with Talos Energy and Hess Corporation will see Proserv carry out work at the operatorsí respective Phoenix and Conger field expansion developments. The delivery....

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Proserv Seals Significant North Sea Contract with Apache

03 May 2016   Global-leading energy services company Proserv has been awarded a multi-million dollar contract from Apache Corporation for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use....

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Displaying 1 to 30 of 43 records.   Next »