Proserv secures multi-million-dollar deal

Posted on 14 May 2018 and read 260 times
Proserv secures multi-million-dollar dealEnergy services company Proserv (www.proserv.com) has secured a contract worth over $5.5 million from Repsol relating to the Yme field in the Norwegian North Sea.

The contract initially covers the refurbishment and upgrade of the existing sub-sea control system, to significantly extend the life of the existing equipment, with no compromise on functionality.

The upgrade will provide ‘state of the art’ functionality, including a high-speed data management and transmission capability, and sufficient capacity for future field expansion or increased data capture.

Henrik Johnson, president of Proserv (Scandinavia), said: “This contract demonstrates the strength of our relationship with Repsol and our ability to deliver robust technology solutions and services.

“We are starting to see strong uptake for our Augmented Control Technologies approach, which helps clients to optimise their sub-sea production in a more cost-effective way.”

Proserv will engineer, manufacture and supply all the associated topside and sub-sea equipment.

The refurbishment and servicing of the sub-sea control modules, along with the manufacturing of the sub-sea electronics modules and master control station, will be delivered by the company’s sub-sea controls experts in Trondheim and Stavanger, Norway.

The recoverable oil reserves in the Yme field are estimated at about 65 million barrels, with first oil planned for the first half of 2020.

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