ENGINEERING and energy technology business Proserv has sealed North Sea contracts with a total value of more than £15 million.
The Westhill, Aberdeenshire, firm said the first award is from TAQA and is to install controls for three subsea wells in the Cladhan field.
The second deal, for an unnamed operator, also involves work to control subsea wells using a fibre-optic communication system to allow high-speed data monitoring.
David Lamont, Proserv's chief executive officer, said: "Both contract wins reflect Proserv's industry-leading position and strong track record for delivering high-value integrated technology systems on time and within budget.
"Proserv continues to expand both globally and particularly in the North Sea where our strong and expanding client base is testament to our levels of technology and service."
Proserv, which has a turnover of around £196m, employs 1600 people across 30 sites around the world.
Last month the group sealed a £133m refinancing with a group of banks to help support its growth plans including further acquisitions.
In the last two years it has snapped up Weatherford's subsea controls firm Houston-based Total Instrumentation & Controls, which specialises in process and control systems equipment.
US private equity firm Intervale Capital continues to back Proserv.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article