PSL Energy Services Company News

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EnerMech Hits Double with 2 Mechanical Service Acquisitions
Tuesday, October 07, 2008 A new start-up company by the former directors of PSL Energy Services, EnerMech Ltd., has marked its entry in to the mechanical services market with a double acquisition.

Halliburton Acquires PSL Energy Services Limited
Wednesday, August 01, 2007 Halliburton has closed the previously announced acquisition of the entire share capital of PSL Energy Services Limited (PSLES).

Halliburton to Acquire PSL
Thursday, April 26, 2007 Halliburton has entered into a definitive agreement with the shareholders of PSL Energy Services Limited (PSLES) to purchase the entire share capital of the company. This agreement is subject to receipt of necessary regulatory approvals.

Halliburton Reports Stronger Q1 Profit
Thursday, April 26, 2007 Halliburton's net income for the first quarter of 2007 was $0.54 per diluted share, which includes the results of KBR, Inc. in discontinued operations.

PSL Energy Services Appoints Ron Henderson as Ops Manager for Oman
Wednesday, April 18, 2007 Based in Muscat, Ron will lead PSL's expansion in Oman through the implementation of a recently awarded Hydraulic Workover contract with PDO and support the company's objective of establishing PSL presence in the area.

Henderson to Oversee PSL's Oman Ops
Wednesday, April 11, 2007 PSL Energy Services Ltd has appointed Ron Henderson as Operations Manager for Oman.

Red Spider Delivers First Omani Order
Tuesday, April 03, 2007 Red Spider Technology has delivered the first order for its Velocity String Packer (VSP) for a series of wells for PDO in Oman, which will be deployed in conjunction with PSL Energy Services Ltd.

PSL Picks Up Caspian Contracts from BP
Thursday, March 15, 2007 PSL Energy Services has secured a contract covering work on BP's offshore platforms, onshore terminals and pipeline systems in Azerbaijan and Georgia.

PSL Energy Services Bolsters Kazak Ops with New Office and Country Manager
Friday, March 09, 2007 PSL Energy Services Ltd has appointed David Kay as Country Manager for Kazakhstan and has also opened a new office in Atyrau which will support the company's ongoing contracts in Tengiz and facilitate the acquisition of new business in Kazakhstan.

PSL Energy Ranked UK's Top 30 Fastest Growing Mid-Market Companies
Thursday, February 22, 2007 The Aberdeen based oil and gas service company was placed at 28 in The Sunday Times Deloitte Buyout Track 100 league table.

PSL Names Corrigall to New VP Post
Monday, February 19, 2007 PSL Energy Services Ltd has appointed Erlend Corrigall to the newly created post of Vice President Business Development (Wells).

PSL Energy Services: Topp to Lead Mid-east Expansion
Monday, January 08, 2007 PSL Energy Services Ltd. has appointed Charlie Topp as regional manager for the Middle East.

PSL Energy Services Double Profits as Turnover Soars by 85%
Friday, October 20, 2006 PSL Energy Services has posted pre-tax profits of £5.3 million, ($10.1M) up from £2.4 million ($4.5M) the previous year.

PSL Energy Services Adds to Management Team
Thursday, October 12, 2006 PSL Energy Services Ltd has appointed Trevor Mackie as Proposal Manager. He will assist the company's regional offices with the preparation of multi-million dollar proposals and tender submissions.

PSL Energy Services Double Profits
Monday, October 02, 2006 PSL Energy Services Ltd has posted pre-tax profits of, $10.1 million up from $4.5 million the previous year.

PSL Taps Sredensek to Lead Technical Support
Wednesday, August 16, 2006 PSL Energy Services Ltd has appointed Eric Sredensek to head up their newly established Technical Support Group (TSG).

PSL Energy Services Garners Kazakhstan Contract
Wednesday, August 09, 2006 PSL Energy Services Ltd has been awarded a 1-year £4.6 million (US$8.6 million) contract by PFD International LLC in Kazakhstan.

PSL Secures First Technip Contract Down Under
Thursday, July 27, 2006 PSL Energy Services Ltd. has won its first contract with Technip in Australia.

PSL Energy Completes First Excavation Project in India
Wednesday, July 26, 2006 PSL Energy Services Ltd has completed its first excavation project in the Asia Pacific region.

PSL Energy Wins Three-Year Contract from Subsea 7
Tuesday, June 27, 2006 PSL Energy Services has won a pipeline and pre-commissioning contract worth an estimated £15 million (US$ 27 million) from Subsea 7.

PSL Wins North Sea Wireline Contract from Apache
Monday, June 05, 2006 PSL Energy Services Ltd has been awarded a two year integrated well services contract, worth approximately £10 million, by Apache North Sea Ltd.

PSL Energy Names Business Development Manager for Process Services
Monday, May 29, 2006 PSL Energy Services has appointed Kevin Strachan as Business Development Manager responsible for process services.

PSL Energy Services Wins Hydraulic Workover Contract from Talisman
Tuesday, May 23, 2006 PSL Energy has been commissioned to perform a multi-well workover campaign in Talisman's Beatrice field in the North Sea.<

PSL Energy Services Secures Tweedsmuir Contract from AMEC
Thursday, April 27, 2006 PSL Energy Services will perform hydrotesting, leak testing and flushing services over an 18 month period on board the Piper B platform which is owned by Talisman Energy (UK) Limited.

PSL Energy Services Wins First Contract in Turkmenistan
Thursday, February 09, 2006 PSL Energy will carry out a range of pre-commissioning work on a jackup Mobile Production Unit (MOPU) for SBM Offshore.

PSL Energy Strengthens Technip Baku Contract
Tuesday, January 24, 2006 PSL Energy Services Ltd has won additional pre-commissioning work from BP Exploration on the Shah Deniz platform being constructed by Technip Maritime Overseas Ltd in Baku.

New Caspian Chief Cements PSL Energy Services Expansion Plans
Monday, October 24, 2005 PSL Energy Services Ltd have appointed well services expert Tom Sherwin as Regional Manager for the Caspian region.

PSL Baku Pigging Contract Gets BP Seal of Approval
Friday, October 21, 2005 PSL Energy Services has been awarded a strategic contract to provide pigging services for BP Exploration (Caspian Sea) Ltd at the Sangachal Terminal in Baku.

Pioneering Technology Wins PSL Energy Deepwater Angola Contract
Wednesday, September 28, 2005 New technology pioneered by PSL Energy Services Ltd has led to the award of a major subsea contract in deepwater offshore Angola worth up to an estimated £3 million.

PSL Energy Services Wins Two Call-Off Contracts Worth £3 Million
Thursday, June 30, 2005 PSL Energy Services Ltd has been awarded process call-off contracts with two major operators, Exxon Mobil and Total.

PSL Energy Wins 4.2 Million Norwegian Excavation Contract
Tuesday, February 15, 2005 PSL Energy Services has been awarded a major seabed excavation contract by Hydro worth more than £4 million.

PSL Energy Services Wins Contract in the Gulf of Mexico
Friday, January 07, 2005 PSL Energy Services has been awarded a contractor to carry out seabed excavations at the site of Taylor Energy's MC20 platform, which was forced on to its side off Louisiana when mudslides swept down the Mississippi delta after Hurrican Ivan.

PSL Wins Pre-commissioning Contract from Saipem
Tuesday, November 30, 2004 PSL Energy Services has landed three contracts expected to be worth more than £4.5 million.

PSL Energy Services Wins Australian Pipeline Contract
Wednesday, August 18, 2004 PSL Energy Services has secured their first major Australian pipeline contract.

PSL Energy Services Awarded Caspian Contract
Wednesday, January 28, 2004 PSL Energy Services has been a major multi-million dollar Caspian contract which will create up to 50 new jobs in Aberdeen and Azerbaijan.