Proserv has “restructured the business for growth” with the launch of two separate divisions after agreeing a deal to wipe out its debt last year.
The recovery of the north-east’s oil and gas industry has not been “spectacular” despite a flurry of M&A activity in the first six months of the year, an industry expert has said.
There is a new boss at the helm of Scottish subsea robotics company Rovop today following a sudden change at the top.
Marine technology firm Nautronix has changed hands for the second time in less than four years.
Subsea firm Acteon has taken on 177 workers from Proserv amid an acquisition of its field technology services (FTS) business.
A fledgling firm in Aberdeenshire hopes to capitalise on a “flourishing” future trade in decommissioned oilfield equipment.
The industrial market in and around Aberdeen continues to show healthy signs of recovery, with the highest number of deals in a decade taking place during 2018, CBRE said yesterday.
Energy service company Proserv has announced a sale and an acquisition in quick succession.
Former EY Scottish entrepreneur of the year David Lamont has been unveiled as the new chairman of north-east subsea company Rovop.
Proserv has relocated a large part of its field technology services business unit to Westhill, near Aberdeen.
The former chief executive of energy services firm Proserv has joined the board of Aberdeenshire subsea specialist Rovop.
Buoyancy systems, laser cutting tools and thermite plugs all feature in a combined effort by industry and academia to turn the north-east into the world’s leading provider of decommissioning technology.
The new chief executive of energy services firm Proserv believes the company has “turned a corner” since it underwent a debt restructuring deal earlier this year.
Energy services firm Proserv has said North Sea operators could make substantial gains by reclaiming the “lost art” of production chemistry.
Energy service and asset integrity firm Proserv has today announced the appointment of a former Calash director as vice president of strategic planning and marketing.
A revamped event aimed at highlighting oil and gas supply chain opportunities was launched by Oil and Gas UK in Great Yarmouth yesterday.
Westhill-based Proserv has announced the opening of a new Centre of Excellence in Great Yarmouth’s Beacon Park.
The chief executive of energy services company Proserv, David Lamont, is stepping down following the completion of a restructuring deal which will see the firm taken over by its two largest lenders.
An Aberdeenshire-headquartered energy services firm has won a £4million contract to help redevelop an oil field in the Norwegian North Sea.
Energy services company Proserv has agreed a restructuring deal which will hand a majority ownership to two lenders.
Proserv's boss said today that the north-east energy service firm was in "ongoing proactive discussions" over its "capital structure".
The private-equity owner of north-east energy service Proserv has underlined its faith in the business despite recent troubles.
Jobs are under threat at Aberdeenshire-based energy service firm Proserv, it has emerged.
North-east energy service Proserv has highlighted “proactive measures” to protect the business amid challenging trading conditions after a leading credit ratings agency delivered a grave assessment of its future prospects.
North-east energy service firm Proserv said yesterday it had won £3million-worth of contracts in the Asia Pacific region.