PSL Energy Services (PSLES) is one of the leading providers of innovative solutions for wells, process, and  pipeline services to the oil and gas industry.

In addition, our recent expansion in Asia-Pacific, Caspian and Middle East markets has extended the international recognition of the superior quality of the Company’s services, and the reliability of their workforce, which makes it the preferred choice of many of the world's major operators and contractors.

We pride ourselves in challenging the norm to produce cost-effective, ground breaking solutions that save downtime and bring added value to our customers.

Our highly motivated workforce is committed to responding quickly and efficiently to customer's requirements, without compromising our unequalled safety record.

PSL Energy Services specialise in delivering technically and commercially innovative solutions. With multi-skilled staff working in a wide range of disciplines, we can provide a wholly integrated service, which our competitors find difficult to match.

We are focused on delivering a truly international service to our customer base through our regional offices in the UK, Norway, Asia-Pacific, Middle East, Caspian, Algeria and US and will continue to internationalise the business while developing and improving our services to UK clients.

PSL News 

HALLIBURTON ACQUIRES PSL ENERGY SERVICES LIMITED

August 2007

HOUSTON, Texas - Halliburton (NYSE: HAL) announced today that it has closed the previously announced acquisition of the entire share capital of PSL Energy Services Limited (PSLES).

"This is an exciting acquisition that supplements our existing product offerings throughout the Eastern Hemisphere," said David King, senior vice president of Halliburton's Completion & Production division. "PSL Energy Services' recognized capabilities in well intervention services and also pipeline and process services are an excellent complement to Halliburton's production enhancement capabilities and continued global growth."

Founded in 2003, PSLES is a leading eastern hemisphere provider of process, pipeline and well intervention services, including flange management and bolting, leak testing, pre-commissioning services, hydrotesting, hydraulic workover, coiled tubing, slickline and wireline, and pumping services. The company, headquartered in the United Kingdom, has approximately 1,000 employees and operational bases in the U.K., Norway, Middle East, Azerbaijan, Algeria and Asia-Pacific locations.

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With nearly 50,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the life cycle of the reservoir-from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

Visit the company's World Wide Web site at www.halliburton.com.

FOURTEEN SUCCESSFUL FISHING OPERATIONS COMPLETED IN ONE DAY

July 2007

Alain Graham, Compliance Engineer and Magnus Wardle, Chief Engineer

In June, PSL successfully completed fourteen fishing operations in one day in what must be a record for a well services’ company. This would not have been possible, however, without the assistance of potential young engineers, aged from 10 to 16 years, from schools across Scotland.

The fishing operations were performed on a model well by school children at the Young Engineers Club 2007 Celebration of Engineers on the 22 nd June at the Crowne Plaza Hotel, Glasgow. The event also hosted the Scottish finals of the Young Engineers for Britain.

PSL’s Magnus Wardle, Chief Engineer and Alain Graham, Compliance Engineer, briefed fourteen teams of schoolchildren for two minutes on a ‘fishing’ operation. They then had three minutes to retrieve a ‘fish’ using a magnet on a line. Alain Graham stated, “For the children and teachers this was the first experience of oilfield industry operations and the children showed tremendous interest and enthusiasm in the task. All the teams successfully completed the operation.”

Forty-two schools participated in the series of three minute technology challenges set by twenty-five Scottish Council for Development and Industry (SCDI) members who sponsored the event. The event also included a competition for engineering projects produced at their schools. The award winners in this category included An Easy Ski Bike, a Greeenhouse Watering system and a Talking Bus Stop.