Proserv Nets New Contracts; Reveals Expansion Plans

Proserv has secured contracts valued at more than $12 million so far in 2017, and has revealed plans for international growth with new bases in Saudi Arabia and India.

The wins include a contract for the delivery of a three well subsea control system in Indonesia for the unnamed oil and gas operator.

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.

In addition, Proserv will set up a new engineering centre in Chennai, India and a manufacturing and fabrication facility for surface production equipment and services in Dammam, Saudi Arabia.

David Lamont, Proserv CEO, said: “It has been a strong start to the year with diverse contracts secured demonstrating the robust relationships we have with our international client base and their trust in the quality of Proserv’s products and services.”

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