Proserv contracts will boost YarmouthTuesday 31st July 2012
Energy production technology services company Proserv has secured two major contract wins worth in excess of £6 million.
The deals with two of the North Sea’s most foremost oil and gas operators will see Proserv provide subsea control systems on both projects from its Great Yarmouth-based facility.
One of the awards is for Maersk Oil UK to support the company on the Talisman-operated Clyde platform. Maersk is developing a 25km subsea tieback to the platform and Proserv is providing electro-hydraulic multiplex subsea control systems, along with its associated topside and subsea interface systems, as part of the workscope.
The second contract involves Proserv delivering topside and subsea manifold control systems support on a development in the Southern North Sea.
Proserv’s team of subsea controls experts, which has been significantly enhanced since the company acquired Weatherford’s Great Yarmouth headquartered Subsea Controls subsidiaries earlier this year, will play a key role in carrying out the work.
David Lamont, chief executive officer at Proserv, said: “The contracts further support our strategy for continued growth in existing and new markets, and helps reinforce our increasingly expanding global footprint. Our expertise and capabilities were greatly enhanced by the deal with Weatherford, especially having successfully managed a seamless integration of the existing controls team under the Proserv umbrella.”
More than 300 members of Weatherford staff joined Proserv when the company’s subsea controls subsidiaries were acquired in May which further strengthened its rapidly-expanding range of subsea capabilities and specialist integrated services.www.proserv.com