Proserv Acquires Stake in Power System Monitoring Expert, Synaptec
Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive condition-monitoring technologies for the energy sector.Synaptec was developed as a spin-out business from Strathclyde University in 2014 with its management team, Board of Directors, and Advisory Board comprising former leaders from the power sector…
Driven by Energy Transition, Proserv Realigns Key Management
Proserv move sees new roles for current Group CEO David Currie, Proserv Controls CEO Davis Larssen and arrival of former RenewableUK CEO Hugh McNeal.Proserv has announced a high-level senior management and corporate realignment as the business continues to evolve and pivot towards the future energy landscape.Present Group Chief Executive Officer David Currie will become Chairman of the Board for both Proserv and sister business Gilmore Valves, the Houston based flow control specialists effective July 1st, 2022.
Proserv's Cable Monitoring System for Dogger Bank Inter-array Cables
Offshore installation contractor DEME Offshore has awarded Proserv Controls a contract for the provision of the inter-array cable monitoring system, or CMS, for the first two phases, A and B, of the Dogger Bank offshore wind farm in the UK.Proserv said Tuesday it would deploy its ECG holistic cable monitoring system to deliver the project."ECG has been initiated and driven by Proserv with critical support from its partner Synaptec, a power system monitoring expert," the company said."ECG represents a step-change in traditional monitoring methods…
Proserv Acquires Dron & Dickson's Abu Dhabi Business
Oil and gas services company Proserv Controls, has acquired the Middle Eastern operations of Dron & Dickson Electromechanical Contracting (DDEC) LLC, for an undisclosed fee. DDEC is a UK-based specialist in the supply, assembly, and maintenance of hazardous areas and industrial electrical equipment."The deal reinforces and expands the breadth of offering and capability that Proserv delivers in the Middle East and North Africa, where it has multiple sites including in Abu Dhabi…
Gilmore Names New CEO. Targets Acquisitions
Gilmore, a U.S.-based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer (CEO).The company is a subsidiary of Aberdeen-headquartered Proserv and provides flow control products and equipment for the drilling, downhole, production, and wider industrial sectors.Gilmore said that under Nemetz, who has 25 years' experience in the energy industry, it would actively pursue appropriate business acquisitions that…
Proserv, Intelligent Plant Ink Deal Aiming to Drive Digital Evolution
Proserv Controls signed a strategic alliance with software engineering firm Intelligent Plant, a deal aimed to deliver advanced control systems and data analysis to provide operators with digital solutions tailored to their needs and feedback. The announcement follows a broader industry trend toward leveraging true digitalization to help rationalize efficiencies in the offshore industry. Ultimately the tie-up with Proserv and Intelligent plan will integrate improved visibility of system information…
Proserv Acquires SGC Metering
The global energy services company has announced the acquisition of SGC Metering from Petrofac.SGC Metering is a specialist in the design and manufacture of flow computer metering systems for the oil and gas industry. It provides expertise right across the full life cycle of a metering project, including conceptual design through to installation, operations and maintenance.The firm was established in 1988 and its wide array of systems allows the measurement of all the important metrics associated with hydrocarbon production, namely volume, temperature, pressure and composition to enable a variety of key calculations.Proserv had been assessing SGC Metering for several years and it has used the springboard of its recent refinancing exercise…
Proserv CEO Named Scottish Entrepreneur of the Year
The chief executive of energy services company Proserv has been named Ernst & Young Scotland Entrepreneur of the Year 2013. Judges praised David Lamont for molding “a phenomenal business of a truly global nature” in overseeing a 25% year-on-year growth during his two years at the company which operates from 30 sites across the globe. A panel of experts picked Mr. Lamont ahead of 28 other business leaders and he will now go forward to represent Scotland at the UK Entrepreneur of the Year final in October.
Proserv Boosts Global Offering
A energy production technology services company Proserv has bolstered its rapidly-evolving global footprint and specialist integrated services after acquiring major US company Total Instrumentation & Controls (TIC). The acquisition of Houston-based TIC, which specializes in advanced process and control systems equipment and has a second manufacturing facility in Lafayette (LA), also significantly increases Proserv’s talent pool by more than 300 people to over 1600 with the entire American-based workforce joining forces with the company under the Proserv mantle.
UK's Proserv Wins Platform Topside Controls Contract
Proserv secure a £1.2-million contract to supply topside control equipment at a major southern North Sea development. The company was awarded the deal on the Cygnus field by operator GDF SUEZ through its design contractor AMEC. As part of the agreement Proserv will supply the design, engineering and build of wellhead control panels and accompanying topside umbilical termination unit for the Alpha and Bravo platforms. Six of the 10 development wells for both platforms will be controlled by the initial panel design and includes the commissioning of spares and specialist tools.
Proserv Wins Cygnus Topside Controls Contract
Proserv, a global provider of production technology services, has secured a £1.2million contract to supply topside control equipment at a major southern North Sea development. The company was awarded the deal on the Cygnus field by operator GDF SUEZ through its design contractor AMEC. As part of the agreement Proserv will supply the design, engineering and build of wellhead control panels and accompanying topside umbilical termination units for the Alpha and Bravo platforms.
Decommissioning Body Elects New Directors
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, held its annual general meeting last night in St Andrews, with 10 new directors elected from across all sectors of the decommissioning industry. The meeting heard that the supply chain body now has 213 fee paying members. Attendees were also given an overview of Decom North Sea activity over the past year and an update on progress against the various strategic objectives. Brian Nixon, Decom North Sea’s chief executive, said: “We are delighted to have elected a board of experienced directors to Decom North Sea. These industry professionals bring experience and knowledge from various sectors of the industry, which is vitally important for DNS going forward.
Proserve Set for International Growth and Expansion
Production technology services provider Proserv has created a new platform for robust and sustainable growth after restructuring its business into a fully integrated global organisation with a new company brand and fresh strategic focus. The new organisation, with global headquarters located in Westhill, Aberdeen, UK, brings together five respected and successful companies under the new Proserv brand. Leveraging the strong market positions, track records and capabilities of these individual companies…
Proserv Offshore Windfarm Contract
Proserv Offshore, a global provider of subsea maintenance, abandonment and decommissioning solutions and services to the offshore energy industry, has recently been awarded a substantial contract with DONG Energy to supply and operate their innovative wind generator pile cleaning solution at DONG’s Walney 1 Windfarm, located in the Irish Sea. The specialized Marine Growth Removal (MGR) solution was initially developed and manufactured by Proserv Offshore’s Aberdeen facility for a major installation contractor in the North Sea. They required a solution to speed up the pile cleaning process and avoid possible costly maintenance work in the future.