Superior Buys Scottish Oil Field Rental Specialist

Aug. 25, 2003
Superior Energy Services, Harvey, La., last week acquired Premier Oilfield Services, Aberdeen, Scotland, an oilfield equipment rental firm, for about

Superior Energy Services, Harvey, La., last week acquired Premier Oilfield Services, Aberdeen, Scotland, an oilfield equipment rental firm, for about U.S. $31.5 million.

Premier rents tubular handling equipment, drill pipe, tubing, and associated products to oilfield customers in the North Sea, northern Africa, the Middle East and other European market areas.

“Premier’s strong management team as well as its marketing and distribution capabilities provides us a gateway to previously untapped international market areas for our rental tools and well-intervention services, helping us advance our strategic goal of international expansion.”

Superior provides a broad range of specialized oilfield services and equipment primarily to major and independent oil and gas companies engaged in offshore exploration, production and development of oil and natural gas.