PSN Forms Joint Venture to Cover Western Caribbean Region

HOUSTON, Nov. 13 /PRNewswire/ -- Production Services Network (PSN), an international energy services business, has formed a joint venture with Kenson Production Services Limited based in Trinidad, to provide integrated solutions for contracting services in the Western Caribbean. Kenson has provided services for major exploration and production companies in and around Trinidad for 14 years.

The new company, called Kenson-PSN, is based in Port of Spain, Trinidad. Kenson-PSN will offer the full range of engineering, construction, hook-up and commissioning, operational and maintenance support in the region.

"Like the Gulf of Mexico, the Trinidad oilfields are a mature market requiring expertise and innovation to enhance dwindling production while reducing their lease operating expenses," said Zeffrey Lucas, president of operations in the Americas for PSN.

"Coupled with Kenson's extensive knowledge of the energy industry in the area, PSN brings additional leadership, significant oil and gas production management experience as well as expertise to the major international energy companies operating in the Western Caribbean," Lucas added.

"The union of these two companies is the result of a mutual search for a partner who understands the concept of adding and driving value to our client base," said Kenneth Ferguson, founder and chairman of Kenson. "PSN, like Kenson, adheres to the philosophy that our clients' success is critical to our own success and growth, and that principle, above all, made us certain that our partnership with this company would flourish."

Production Services Network

PSN (Production Services Network) is an international energy services business, focusing on the oil, gas and utilities sectors. The company enhances the performance and extends the life of energy assets through the deployment of skills and technology in engineering and construction, operations, maintenance and decommissioning.

PSN has a reputation for safety, integrity and operational excellence. It is also widely regarded as one of the best places to work within the international oil and gas industry. The company manages a network of over 8,500 people, working in 20 countries across 5 continents -- ensuring that skilled and motivated teams are available to customers wherever they need it.

In the USA, PSN provides project management, engineering, construction, commissioning, operations and maintenance, shorebase, helicopter and marine support services to the oil and gas sector. In addition the company offers EMT-paramedics and safety technicians.

Kenson Group of Companies

Kenson specializes in providing labor services for offshore and onshore facilities in the area of operations and maintenance in the oil and gas industry in Trinidad & Tobago. Kenson employs more than 300 employees who support their clients' operation of offshore platforms and process plants with a variety of services in the areas of production and drilling. The company also is equipped to undertake a variety of special projects as well as training in all aspects of oil and gas production. For more information about the Kenson Group of Companies, go to: http://kenson.co.tt

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