Proserv has already secured new contracts worth 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 contract with a global oil and gas operator for the delivery of a three well subsea control system in Indonesia. For a Middle East operator, Proserv will design, engineer and manufacture chemical injection systems, and the company has also secured a decommissioning project in the Far East for platform and subsea well severance.

Headquartered in Westhill, Aberdeenshire, Proserv has a 40-year track record of delivering bespoke technology solutions and services for the global energy industry and 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.

Underlining Proserv’s commitment to the industry in driving operational efficiency and helping to reduce decommissioning project costs, the company has recently invested over $2 million in two new Multi String Cutting (MSC) systems for wellseverance campaigns. Further research and development investment is planned for new technologies in 2017 with two new subsea tools set to launch in the first quarter of the year.

Source: www.worldoil.com