Qserv

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Qserv is a Scottish oilfield service company that specialises in oil-well services operations, including wireline, coiled tubing and pumping services. The company also performs other engineering services, most notably pipeline services.

History[edit]

The company, based in Portlethen, Aberdeen, was founded in November 2001 by Tommy Dreelan, who is its managing director. The company name is a contraction of the slogan "Quality Service".[citation needed]

Business overview[edit]

Qserv has operations in the North Sea, Denmark, Indonesia, Norway, and Qatar and worked in 13 European countries in 2004.[citation needed] The company employs more than 300, and has an expected 2007 turnover target of £30m-£45m with EBITDA of £12m.[1][2][3]

Qserv was awarded the 2004 International Safety Award from the British Safety Council because of its zero accident rates, controlled safety policies, and commitment to health and safety.[2] Tommy Dreelan was named "Grampian Industrialist 2006" by Junior Chamber International Aberdeen.[4] Qserv was one of the five finalists in the Sunday Times’s Entrepreneur Challenge.[1] Qserv provides coiled tubing and pumping related services to BP in the North Sea.[5] In 2006, it acquired KCA Deutag's wireline and well-service division, and the coiled-tubing unit of Weatherford, which increased Qserv worldwide operations significantly.[6]

In 2012 Qserv were sold to Aker Solutions

References[edit]

  1. ^ a b Penman, John, 2007-10-21, Aberdeen surfing the new oil boom, Sunday Times.
  2. ^ a b OilOnline, 2005-05-20, Qserv wins prestigious safety award.
  3. ^ Pipeline testing boost for qserv, Financial Times.
  4. ^ Forsyth, Ian, 2006, Qserv boss used to life in fast lane, Financial Times.
  5. ^ OilOnline, 2005-03-12, BP awards well services contract to Qserv.
  6. ^ Acquisitive qserv snaps up kca deutag business, Financial Times.

External links[edit]

See also[edit]