Proserv wins £4million Repsol contract for Yme redevelopment

An Aberdeenshire-headquartered energy services firm has won a £4million contract to help redevelop an oil field in the Norwegian North Sea.

Proserv will build new and upgrade existing subsea production equipment for Repsol’s Yme field, which lies around 60miles from the Norwegian coast.

Yme has recoverable oil reserves at an estimated 65million barrels over 10 years of production, with first oil planned for 2020.

Read more on Energy Voice here.