Offshore staff
HOUSTON/ABERDEEN – Dril-Quip has entered an agreement under which Proserv Group will develop and manufacture subsea controls for the company’s subsea production systems.
The rationale for the arrangement, according to the companies, was Proserv’s independence in the controls field and its ability to interface with all subsea tree provider.
In addition, the two parties may opt to pursue joint marketing and collaboration, with Dril-Quip providing subsea trees and Proserv subsea controls as a ‘bundled’ offering.
Blake DeBerry, Dril-Quip’s CEO, said: “Our collaboration will provide significant benefits to our customers in the subsea production system market…This agreement aligns the interests of both companies in leveraging their respective technical and engineering expertise to deliver high quality subsea trees and controls that will save customers time and money, all while enhancing the execution of their offshore projects.”
Davis Larssen, Proserv’s CEO, added: “Proserv will also now support Dril-Quip with the supply of subsea controls to Dril-Quip’s overall subsea offering, including fully integrated solutions that provide customers access to best-in-class systems and service.”
06/25/2020
