UK headquartered controls technology leader receives well-deserved recognition in the Services Company of the Year 2023 category.

Proserv featured strongly at yet another major global awards evening last night in central London. An audience of senior energy industry executives gathered at the London Hilton on Park Lane for the Energy Council’s Awards of Excellence 2023 with Senior Vice President, Iain Smith, representing the team and seeing it selected as one of two runners-up in the Services Company of the Year category.

Proserv’s achievement came on the back of its on-going innovative drive into new areas of the market such as offshore wind and digital technology, deploying decades-long control system expertise and offshore experience alongside its belief in collaboration and knowledge-sharing, to deliver new step change solutions to optimise the performance and extend the life of critical infrastructure.

In the past year, Proserv has also seen its high integrity pressure protection system (HIPPS) collaboration alongside Houston based Trendsetter Engineering open up major opportunities in deepwater oil and gas, enabling the safe integration of new high pressure wells into existing lower pressure infrastructure, while ensuring critical safety standards and reducing costs and lead-in times to first production.

Around the globe, the team has proactively moved to extend its topside and subsea service capabilities and footprint, rolling out new, upgraded sites in Saudi Arabia and India, and bringing in key regional appointments in Qatar and Stavanger, Norway.

As Proserv moves into 2024, the business aims to broaden its strong relationships with national energy companies in the Arabian Gulf, further leverage its unique augmented controls technology (ACT) in the mature subsea markets of Norway and beyond, as well as push ever further into the innovation of disruptive data analytics and intelligence solutions applicable right across the energy landscape.

After the event, Iain Smith commented:

“This has been a wholly deserved acknowledgement of our team. It is testament to the many hard-working and talented folk right across our organisation, doing great things to grow and build our business. Thank you to the Energy Council for an excellent night and to Alvarez & Marsal for very kindly sponsoring this award.”

Eight prizes were handed out as well as a Lifetime Achievement Award and an accolade for the Executive of the Year. The Energy Council said the annual event represents “a global benchmark of excellence…honouring the individuals and companies who have been at the forefront of first-class deals, value creation, innovation, or exceptional financial and operating performance.”

Proserv’s CEO Davis Larssen added:

“Recognition at leading industry events is always very much appreciated and must be enjoyed as a moment to reflect upon our strong progress. But at Proserv, our philosophy is to move ever forwards: innovating, partnering and developing new solutions and products that respond directly to what the market needs. This achievement is a positive springboard into what promises to be a busy and rewarding 2024.”