Proserv: CEO – Stop Over-Engineering to Reset the Cost Base
The chief executive officer of Proserv today (Wednesday, September 9) called for the industry to make dynamic changes to the way it acts and behaves. Speaking at Offshore Europe, David Lamont said the North Sea has many years of profitable life ahead if the sector urgently adopts more collaborative and …
Proserv: Announces the Acquisition of Nautronix
PROSERV GROUP LLC (“Proserv”), a leading energy services company, has acquired Nautronix, a leader in the supply of subsea digital acoustic communication products and positioning services to the oil and gas industry, based in Aberdeen, United Kingdom. Proserv is a portfolio company of Riverstone Holdings LLC, an energy-focused private equity …
Proserv Unveils Game-Changing Technology for Subsea Intelligence
Global-leading energy technology services company Proserv today unveiled a game-changing technology for subsea control and monitoring communications, reinforcing the company’s rapidly-expanding subsea capabilities and world-class engineering expertise. The Artemis 2G (A2G) subsea electronics module is a next generation controls and communications tool that uniquely frees operators from the constraints of …
Proserv Unveils Global R&D Subsea Technology Hub
Rapidly growing international energy services company Proserv has officially launched a global research and development (R&D) hub in Norway to design innovative subsea controls and communications technologies. This new group strengthens Proserv’s evolving international infrastructure in support of its subsea production systems business which includes facilities in the UK providing …
Proserv Unveils Innovative Well Abandonment Tool
Proserv, a global leader in energy production technology services, has unveiled a next generation subsea cutting tool that provides complete well severance and significantly reduces in-well operational time by up to 50%. Proserv’s enhanced Multi-String Cutting (MSC) tool, which was launched today at theOffshore TechnologyConference inHouston, is a customisable internal …
Proserv to expand through business venture with Weatherford International
Global-leading energy production technology services company Proserv is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people. Proserv, which has operations globally, has agreed terms to assume Weatherford International’s subsea controls’ business, which specializes in subsea and topside communication and control …