Proserv Moves to New Facility (UK)

Proserv Moves to New Facility (UK)

Global-leading energy technology services company Proserv has more than trebled the size and capacity of its Aberdeenshire headquarters after relocating to new and larger state-of-the-art premises in the region to support the company’s exceptional international business growth.

Award-winning Proserv has moved into its own, purpose-built Proserv House at Arnhall Business Park, Westhill, Aberdeenshire. The state-of-the-art new facility is home to the company’s corporate team and several function teams from the Europe West Africa (EWA) region for up to 150 staff. The company’s other local area facilities in Tullos, Kintore and Birchmoss (Echt), will continue to remain as core engineering and manufacturing bases for the provision of Production & Sampling, Marine Technology and Subsea Production & Drilling Controls services.

Among some of the new features at the 23,000 ft2 Proserv House are extensive, high quality office space, meeting and conference rooms as well as a restaurant and dedicated training facilities.

Proserv’s chief executive officer, David Lamont, said: “This move signifies another major milestone in the successful evolution of our company and one that further reinforces our rapidly-evolving status as a leading energy services company in the marketplace.

“Proserv House provides the additional capability necessary to support an increase in staff numbers and services, as our operations expand both in the UK and internationally. With a very healthy order book for the forthcoming year and as we look to launch a number of exciting new tools and technologies to market for the first time, 2014 looks set to be another significant year for the company.”

Within the past two years alone, Proserv has experienced a phenomenal 75% rise in turnover from £112million ($181million) in 2011 to around £196million ($316million) in 2012 with expected turnover for the year ending 2013 anticipated to further increase by up to 40% to circa £269million ($434million).

In addition to this, the company has grown its talent pool between 2012 and 2013 by around 25% from 1,600 to over 2,000. Proserv is also actively looking to recruit a further 150 personnel over the next six months with around half of this job creation expected to be in Aberdeen City and Shire.

Earlier this year, the company’s outstanding growth was industry recognised when Mr Lamont won Private Equity Backed Business in the EY UK Entrepreneur of the Year 2013 awards.

Mr Lamont, who was also named EY Scottish Entrepreneur of the Year, was praised for the company’s impressive acquisition strategy, its geographical reach and the opportunities for further expansion while he was also recognised for moulding “a phenomenal business of a truly global nature” at the Scottish awards.

Through establishing a significant 40-year track record for delivering high-value bespoke technologies and services, which are underpinned by its dedicated engineering expertise, Proserv has fast emerged as a leading energy industry specialist particularly in the drilling, production, subsea and marine market sectors.

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Press Release, December 12, 2013