KCA DEUTAG drilling get renewed drilling services contract for Statoilhydro KviteBjørn

KCA DEUTAG drilling get renewed drilling services contract for Statoilhydro KviteBjørn

KCA DEUTAG Drilling Norge's contract with StatoilHydro for the provision of drilling services on the Kvitebjorn platform, has been renewed for a further two years until March 2010. This is the third of three options exercised by StatoilHydro and means that KCA DEUTAG now has the drilling contracts on seven StatoilHydro installations until 2010. Full text

Proserv acquire GM Engineering

2008.03.24 - Company News

Based in Aberdeen, the company is the largest of its kind in the UK, providing design, manufacturing, hire and service and repair of chemical pumping equipment to international markets in Europe, Africa, the Middle East, Far East and Australia.   

As a result of the acquisition, GM Engineering will become part of Proserv’s Instrumentation and Calibration strategic business unit (SBU). “The purchase of GM Engineering is strategically important for Proserv Instrumentation and Calibration SBU as it provides us with a UK base for our mobile chemical injection pump division,”says Proserv’s Instrumentation and Calibration Senior Vice president, David Gray. “The acquisition will further strengthen our position in this key market and will compliment the services already on offer by Chemical Injection Equipment AS, the Norwegian company Proserv acquired last year.

“Our vision is to have each division within the Instrumentation and Calibration SBU fully operational throughout key geographical locations.  We now offer a full suite of services from four locations within the UK, as well as being fully operational in Norway. “We continue to grow, with two bases in Africa and plans to open a further three bases in the Middle East by the end of this year.  Here in the UK, there will be a need to take on a number of workshop and engineering staff, and increase our recruitment targets for 2008.”

GM Engineering’s existing management team, including its co-founders, will continue to support and lead its operations, working together with the management group from Proserv’s Instrumentation and Calibration SBU.Donald Morrison, Operations Director for GM Engineering comments:“Our strengthened engineering capabilities enable us to increase the number of chemical injection systems manufactured in-house.  This will reduce costs and streamline the core businesses. The acquisition will facilitate faster international expansion and provide a more comprehensive service for local and international customers.”

 




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