David Lamont, CEO of Proserv

Energy services company Proserv won its biggest contract ever  for subsea controls, it said Thursday.

The contract, worth about $40 million, is for  nine subsea control systems to support deepwater workover controls services for several projects in Brazil up to 2,500m water depth.

Proserv didn’t name the customer.

Overall project execution along with the engineering and build of the subsea control systems will be done at Proserv’s Great Yarmouth (UK) facilities, the company said.

Its manufacturing facility in Johor Bahru, Malaysia will deliver accompanying hydraulic power units.

The systems are set for delivery to the client in a phased approach throughout 2015 according to key project milestones.

Proserv said it will add  90 new jobs in the Great Yarmouth region in 2014, partly because of the new contract.

David Lamont, Proserv’s chief executive officer, said: “This significant contract award is testament to the hard-work, expertise and experience of our entire team and further evidence of the great reputation we have built, and continue to build globally.”

Proserv operates worldwide through 31 operating centers based in 11 countries with 2,200 employees.

It specializes in delivering bespoke technologies and services for the energy industry, particularly in the drilling, production, subsea and marine market sectors.

In February Proserv acquired precision engineering firm KRG Industries, a provider of machining, welding, inspection and testing services to the oil and gas, aerospace and defense industries.


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