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approach
Delivering disruptive technologies
Our technology ethos prioritises regeneration, upgrade and augmentation before replacement, widening functionality and capability, while minimising expense, saving time and reducing environmental impacts.
Proserv has an extensive brand heritage spanning almost 60 years and we continue to build our capabilities and expertise through the latest research and development, together with strategic acquisitions.
Our
Milestones
01
Proserv and Synaptec launch 600 Miles for Minds six-day charity cycle ride
Event will see 32 participants cycling from Proserv’s HQ in Aberdeen to its Centre of Excellence in Great Yarmouth to raise funds for Mental Health UK and SAMH.
02
Proserv’s sampling team forges agreement with dpUNION
The agreement sees dpUNION as a distributor of Proserv’s sampling solutions across Brazil.
03
Proserv completes sponsor-backed MBO and announces employee ownership scheme
Proserv has successfully completed a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history.
Led by CEO Davis Larssen and CFO Mark Fraser, the multi-million pound deal is backed by GIIL, a UK-based investment vehicle of Glenn Inniss, the founder and owner of the GII Finance Group. For the past two years, GIIL (through its subsidiary GII Finance Group), has supported the financing of the business alongside investment funds and accounts managed by its existing shareholders Oaktree Capital Management, L.P. (“Oaktree”) and KKR.
As a result of the transaction, both Oaktree and KKR have exited their equity holdings in Proserv, with Piper Sandler serving as exclusive corporate finance advisor to the sellers.
04
Mocean Energy and Proserv partner to accelerate decarbonisation of offshore energy
Scottish ocean energy pioneers Mocean Energy and Aberdeen-headquartered leading global controls technology specialists Proserv have signed a working partnership agreement with the aim of accelerating the development of renewables solutions for subsea operations.
Together the two companies will plan and execute new technology for offshore operators in the renewables sector, setting out detailed development plans to collaborate and implement solutions aimed at accelerating the decarbonisation of offshore energy.
05
Proserv wins the RenewableUK Supply Chain Innovation of the Year award
We are beyond thrilled to announce that Proserv has won the RenewableUK Supply Chain Innovation of the Year award at the Global Offshore Wind Awards in London. This is a milestone moment for Proserv and for the future of renewable energy. Let’s keep pushing the boundaries of innovation!
06
Proserv wins recognition for its Service&Solutions at EIC Awards
We are thrilled to announce that Proserv has been named the Energy Industries Council (EIC) Middle East, Africa and CIS Award Winner for 2024 in the Equipment category for their exceptional Service & Solutions!
This prestigious recognition highlights Proserv’s commitment to delivering innovative and effective solutions across the energy sector, showcasing their leadership in providing advanced equipment services to meet the evolving needs of the industry.
07
FALCOR Engineering and Contracting and Proserv partner to deliver world-class solutions
Delighted to announce a new collaboration between FALCOR Engineering and Contracting and Proserv, marking an important step in expanding our shared commitment to innovation and excellence in the energy sector.
This partnership was officially signed at the ADIPEC Exhibition and Conference in Abu Dhabi, by Mehdi Sidi Ali Mebarek CEO of FALCOR and Angus Rodger, Vice President, Services at Proserv.
The collaboration underscores Proserv’s dedication to delivering world-class solutions and strenghtening regional partnerships.
We’re excited to further develop Proserv’s technology solution across the Middle East energy sector.
08
Proserv and Verlume agree collaboration on efficient subsea power delivery solutions
Proserv, a leading provider of cutting-edge control technologies to energy companies, has today announced the signing of a Memorandum of Understanding (MoU) with Verlume, a leader in intelligent energy management and subsea power solutions for the offshore energy sector. The MoU outlines an agreement to explore collaborative opportunities in the subsea power and renewable sectors, bringing innovative technologies to the rapidly evolving clean energy market.
Under the terms of the MoU, Proserv and Verlume will integrate Proserv’s subsea control and communications systems with Verlume’s energy management and battery technology to improve the efficiency of subsea power delivery.
This enhanced level of system integration will reduce energy consumption by as much as 50% and significantly improve operational flexibility, reliability and reduce costs. By utilising an integrated approach, a unique market offering will be created which aims to provide reliable power to remote, subsea assets.
Together, the companies will explore potential projects that leverage their combined expertise to secure new business, enhance efficiency, and support the global transition to sustainable energy.
The MoU formalizes the commitment between Proserv and Verlume to work together, with the goal of delivering more efficient energy solutions to the market. The partnership will focus on integrating their respective technologies to create value-added opportunities that support both organizations’ growth within the energy transition.
01
Proserv appoints Prometim as representative for Angola and Congo
Agreement enables both parties to target subsea and topside opportunities in West Africa.
02
Proserv and SMS launch joint sampling centre in Malaysia
Strategic move follows agreement signed late in 2022 which saw SMS become Proserv’s exclusive agent and representative in the Southeast Asian country. Proserv and SMS announced the rollout of a new Sampling Service Centre, strategically located at SMS’s facility in Kemaman Supply Base (KSB), Terengganu, Malaysia.
03
Proserv moves to new Saudi Arabia base to aid digital push and new market moves
Proserv has moved its operations in Saudi Arabia into a new dedicated, state-of-the-art facility in Dammam as part of its roadmap to bolster and extend its expertise for customers and establish itself as the control system solutions partner of choice across the kingdom.
04
Proserv scoops runner-up prize at major Energy Council Awards in London
Proserv receives well-deserved recognition in the Services Company of the Year 2023 category. An audience of senior energy industry executives gathered at the London Hilton on Park Lane for the Energy Council’s Awards of Excellence 2023 with Senior Vice President, Iain Smith, representing the team and seeing it selected as one of two runners-up in the Services Company of the Year category.
05
Proserv wins recognition for its supply chain innovation at OEUK Awards
Proserv scoops runner-up prize for its step change ECG™ holistic subsea cable monitoring system for offshore wind.
01
WINNER: OEUK EARLY CAREER PROFESSIONAL OF THE YEAR
Laura Carrigan, a Graduate Applications Engineer at our Centre of Excellence in Great Yarmouth, was deservedly chosen as Early Career Professional of the Year by Offshore Energies UK (OEUK). Laura joined Proserv in early 2021 and in less than two years with the company, she has become a key member of our innovative and growing team, contributing significantly to the rollout of our ECG™ holistic subsea cable monitoring system for offshore wind.
02
PROSERV MAKE KEY APPOINTMENT TO BOLSTER ITS ENERGY TRANSITION ROADMAP
Former RenewableUK CEO Hugh McNeal joins Proserv’s Board of Directors.
03
PROSERV ACQUIRES STAKE IN POWER SYSTEM MONITORING EXPERT SYNAPTEC
Proserv acquires 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. Move reinforces Proserv’s proactive pivot towards innovating further disruptive technology solutions for offshore wind and the wider energy segment.
04
PROSERV AND VIPER INNOVATIONS ANNOUNCE OEM PARTNER COLLABORATION
OEM partner collaboration allows Proserv to incorporate Viper Innovations’ V-LIM and V-SLIM electrical line integrity monitoring equipment to assess the insulation resistance (IR) of cables, as well as activate its V-LIFE Insulation Resistance Recovery preventative and active healing solution, within its cutting-edge energy production control systems and related services.
05
PROSERV SCOOPS MIDDLE EAST AND AFRICA EIC SERVICE AWARD
This latest honour is yet another piece of silverware for Proserv’s regional team after it won the Energy Industries Council (EIC) global Service & Solutions category in 2021 and finished as a runner-up at the EIC Awards 2022.
06
Proserv has signed an agreement with Aberdeen based sand and erosion monitoring, analytics and management experts, SMS
The deal sees SMS become the exclusive agent and representative for Proserv’s sampling activities across Malaysia.
01
ECG™ HOLISTIC CABLE MONITORING SYSTEM DEVELOPED
Funding secured from Innovate UK with industrial sponsorship from ScottishPower Renewables to develop the ECG™ holistic cable monitoring system for offshore wind.
02
PROSERV AND TRENDSETTER PEN MOU TO EXPAND OFFERING
MOU allows Proserv to incorporate its cutting-edge energy production control systems alongside Trendsetter’s state-of-the-art pressure protection systems, including its cornerstone high integrity pressure protection system (HIPPS), connection systems and manifolds.
03
WINNER OF THE SERVICE AND SOLUTIONS AWARD
Proserv secures the Service & Solutions prize at the annual Energy Industries Council (EIC) Awards. The Service & Solutions category recognised “adding value to customers in their OPEX and O&M value chain, and the specific broadening of scope of work to provide a one-stop-shop or customer-centric approach”.
04
PROSERV ACQUIRES DRON & DICKSON ABU DHABI BUSINESS
Proserv acquires Dron & Dickson Electromechanical Contracting (DDEC) LLC, the Middle Eastern business of Dron & Dickson, UK based experts in the supply, assembly and maintenance of hazardous area and industrial electrical equipment.
01
PROSERV SIGNS HISTORIC AGREEMENT WITH DRIL-QUIP
Proserv and Dril-Quip enter into an agreement where Dril-Quip will rely upon Proserv for the development and manufacturing of its subsea control systems as a supplier. The mutually beneficial arrangement allows Dril-Quip to continue to support its existing subsea controls customers with the support of Proserv.
02
PROSERV AND SYNAPTEC SIGN STRATEGIC ALLIANCE AGREEMENT
Proserv agrees a strategic alliance with power system monitoring leader Synaptec to develop a cutting-edge integrated holistic cable monitoring system, which will reduce downtime, improve safety and lower operating costs at offshore wind farms.
03
ABU DHABI FACILITY OPENS
Proserv relocates to an upgraded service centre of excellence. This facility strengthens Proserv’s ability to support existing installed Proserv legacy brand equipment in the region, as well as supplying newly designed systems, further ensuring the local, rapid availability of service support.
04
CUMBERNAULD FACILITY OPENS
New global centre of excellence for our measurement offering provides onsite FEED and site surveys, metering control system design, site installation, commissioning and start up, 24/7 metering system support, system health checks and obsolescence management.
01
SKENE FACILITY OPENS
Proserv’s Skene facility opens. The base, located within proximity to clients in SURF city (subsea, umbilical, risers & flowlines), boasts 72,000 sq ft of yard space, and 50,000 sq ft of available workshops. The move allows Proserv to focus on growing its successful IWOCS offering.
02
ACQUISITION OF SGC METERING
Proserv acquires SGC Metering to strengthen metering and measurement expertise.
01
PROSERV OPENS SUBSEA CONTROLS CENTRE OF EXCELLENCE IN GREAT YARMOUTH
The move saw 183 employees consolidate from two sites in the area into the new 65,000 sq ft site. Named after the site’s ‘Artemis 2G’ (A2G) subsea control system technology, the facility is Proserv’s flagship centre of excellence for subsea engineering.
01
NEW FACILITY OPENS IN DAMMAM, KINGDOM OF SAUDI ARABIA
The new production controls facility in the Kingdom allows Proserv to offer local manufacturing, project delivery and field service capabilities benefiting the local economy and workforce.
02
WINNERS OF INNOVATOR & TECHNOLOGY AWARD
Awarded by Subsea UK (now Global Underwater Hub) Awards in recognition of excellence in developing new technology and bringing it to market.
03
WINNERS OF THE WORKFORCE ENGAGEMENT AWARD
Awarded by Oil & Gas UK (now OEUK) in recognition of an individual or team which actively embraced engagement with its workers on safety matters, showing how a commitment to worker involvement in safety contributes to improvements in safety performance.
01
WORLD FIRST IN SUBSEA SAMPLING CYLINDER (SSC) TECHNOLOGY
Proserv designed and built the world’s first fully qualified and certified ‘for shipping’ sample cylinder for use in a subsea environment. The SSC enables well operators to capture samples safely and efficiently from a subsea producing well enabling accurate well properties capture throughout the lifetime of a field.
01
WINNER OF GREAT LARGE COMPANY OF THE YEAR
Proserv is recognised by the SPE Offshore Achievement Awards for excellent performance in the offshore energy sector.
02
WINNER OF SUBSEA COMPANY OF THE YEAR AWARD
Awarded by Subsea UK (now Global Underwater Hub) in recognition of excellence in overall company performance in the subsea sector.
01
ARTEMIS A2G SUBSEA ELECTRONICS MODULE LAUNCHED
The latest generation subsea electronics module ‘Artemis 2G’ (A2G), offering unparalleled communications speeds and reliability.
01
ACQUISITION OF EP SOLUTIONS
Proserv acquires the Weatherford subsea controls business, EP Solutions, along with legacy brands Brisco, CAC, and Sicom, emerging as a significant player in the subsea controls and communications market globally.
02
ENERGY EFFICIENT WELLHEAD CONTROL PANEL INTRODUCED
A market first for the oil and gas industry, Proserv’s innovative technologies offers a 20% saving on environmental impact.
01
THE MODERN PROSERV FORMED
The Proserv brand launches following the amalgamation of Proserv Offshore, Proserv Technology, and other companies that have since been divested.
01
EP SOLUTIONS
EP Solutions established after acquiring CAC, Brisco, Autocon and Sicom
01
SICOM ESTABLISHED
Subsea controls specialists Sicom established.
01
SUBSEA CONTROL MODULE DEVELOPMENT
Developed the first complete multiplexed electro-hydraulic SCM
02
ARTEMIS SUBSEA ELECTRONICS MODULE
Developed Artemis subsea control system, adding deepwater ROV deployment
01
SGC METERING ESTABLISHED
SGC metering specialised in fiscal metering solutions
02
AUTOCON ESTABLISHED
Another controls specialist for the oil and gas industry
01
PROSERV TECHNOLOGY ESTABLISHED
Established in Norway delivering sampling cylinders and services
02
BRISCO ESTABLISHED
Brisco was a controls specialist.
01
CAC ESTABLISHED
CAC was a company specialising in controls technology to the oil and gas industry
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