24/06/04
Superior Energy Services – A Force to be Reckoned With

The name 'Superior Energy Services' is widely recognised throughout the US oil and gas sector and particularly in the Gulf of Mexico where the company has its headquarters in New Orleans. Until recently however this multi-faceted oil & gas service organisation was little known in the North Sea market or indeed anywhere in the Eastern Hemisphere.

Following the acquisition of Aberdeen based Premier Oilfield Rentals in 2003 this situation is changing and Superior Energy Services is beginning to emerge as a force to be reckoned with in this part of the world.
 
With an annual turnover of $500M and 3,200 employees Superior is a large and diverse organisation. There are a total of 20 companies within the group offering a multitude of products and services including Lift Boats, Drilling and Downhole Tools, Accommodation Modules, Well Intervention, Oil Pollution Control Equipment, Well Control and Abandonment. Group companies include household names in the oil & gas industry such as International Snubbing Services, Contech, Wild Well Control, Stabil Drill and of course Premier Oilfield Rentals.
 
Leveraging the original Premier Oilfield Rentals infrastructure, Superior Energy Services Limited has been created as the Eastern Hemisphere hub for all Superior group activities. Under the leadership of Albert Brown the company's Chief Executive Officer, Superior has developed a network of operational bases and regional offices covering the UK, Continental Europe, Africa and the Middle East. In Aberdeen Superior has integrated Premier Oilfield Rentals and Stabil Drill at their Dyce facility while in the Middle East International Snubbing Services, Wild Well Control and Premier Oilfield Rentals have together moved into a new facility in Abu Dhabi.
 
Mr Brown commented "Superior Energy Services is a lot different than the average multinational oil & gas service organisation. Essentially the group comprises numerous companies under common ownership, each with unique products, services and expertise in their particular markets. The Superior approach is to allow group companies to operate with the minimum of corporate interference, thereby encouraging entrepreneurial leadership and dynamic growth throughout the business portfolio. Naturally we seek to consolidate overheads wherever possible but this is done in the spirit of cooperation rather than corporate dictate. It is a formula which has proved very successful to date."

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