Proserv Offshore LLC Company News

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Proserv Raises Debt to Support Growth Strategy
Wednesday, January 09, 2013 Oilfield services firm Proserv completes $215 debt financing to support growth.

Proserv Unveils Innovative Well Abandonment Tool at OTC
Wednesday, May 02, 2012 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 percent.

Proserv Plans to Hire 130+ in 2012
Monday, January 23, 2012 Proserve is set to hire more than 130 new employment opportunities in 2012.

Proserv Sets Cutting Record, Preps for Iwaki Project
Wednesday, April 21, 2010 Proserv Offshore has set another industry record for high-load compression cuts in preparation to help decommission the massive Iwaki Platform jacket off the northeast coast of Japan.

Halliburton Extends Contract with Proserv in Norway
Tuesday, March 02, 2010 Proserv was awarded a four-year contract extension with Halliburton for the supply of Chemical Injection and Hydraulic Power & Control Units in Norway.

Proserv Expands Offshore Well Engineering Services
Thursday, January 14, 2010 Proserv Offshore has expanded its offshore well engineering with the acquisition of Twin Hills Wireline Services.

Proserv Bags Subsea Cutting Contract Offshore Japan
Tuesday, November 10, 2009 SapuraAcergy has awarded Proserv Offshore a subsea cutting contract for the decommissioning of the massive Iwaki Platform jacket off the northeast coast of Japan.

Aker Solutions Taps Proserv for Subsea Christmas Tree Technology
Friday, September 25, 2009 Proserv was contracted by Aker Solutions to provide high pressure and high temperature components for their subsea christmas trees at the Dalia, Visund, Morwin and new rapid threes.

MMS Selects Proserv Offshore for Decommissioning Study
Tuesday, June 16, 2009 MMS has chosen Proserv Offshore to study the technical issues and methodology for decommissioning fixed structures in water depths greater than 400 feet and floating structures in water depths exceeding 9,842 feet.

Proserv Group Shuffles Structure, Changes Name for Decommissioning Co.
Monday, January 19, 2009 Proserv Abandonment and Decommissioning is reorganizing as a separate company under the name of Proserv Offshore, effective immediately.

Proserv to Provide Services for Cascade & Chinook FPSO
Wednesday, November 05, 2008 Proserv has been awarded a contract by Advance Production & Loading AS for design, manufacturing and supply of a Chemical Distribution Panel that is intended for the turret system of the Cascade and Chinook FPSO.

Proserv Wins $8MM Decommissioning Contract in the GOM
Tuesday, July 01, 2008 Proserv has been awarded three decommissioning projects in the Gulf of Mexico. The total contract, awarded by a major independent oil company, is valued at $8 million.

Proserv Strengthens Company Reach in Malaysia
Tuesday, May 20, 2008 Proserv Far East Pte. has signed a strategic agreement with Tanjung Offshore Services Sdn Bhd, strengthening the position of Proserv's Abandonment and Decommissioning strategic business unit in the highly active Malaysian oil and gas market.

Proserv Wins $7 Million Contract in GoM
Tuesday, April 22, 2008 The contract involves decommissioning two platforms with associated wells and removing pipelines and subsea tie-ins.

Proserv Acquires Well Abandonment and Decommissioning Company
Wednesday, June 13, 2007 Proserv Offshore LLC has acquired Twachtman, Snyder & Byrd, Inc., a leading provider of well abandonment and decommissioning services to the international offshore oil and gas market.