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Acquisition

7th Dec 2010 07:00

RNS Number : 4256X
AMEC PLC
07 December 2010
 



 

AMEC acquires front-end, subsea and technical consulting capability in Australia

 

AMEC, the international engineering and project management company, announces today that it has acquired a majority shareholding in S2V Consulting Pty Ltd (S2V Consulting), a leading consultancy to the oil and gas industry with gross assets of AU$1.5 million, to form a new partnership in Australia.

 

S2V Consulting provides front-end consulting services including field development planning, conceptual screening and project assurance. It also offers specialist technical consulting throughout the project life-cycle such as subsea, pipelines, technical safety and risk and environmental services. S2V Consulting has some 100 technical staff and is headquartered in Perth, Australia.

 

The new venture is aligned with AMEC's Vision 2015 strategy of assured growth, through a strengthened geographic footprint and enhanced capabilities in key sectors, and will grow the company's front-end and subsea capabilities in the Asia Pacific region and beyond.

 

Enquiries to:

 

AMEC plc +44 (0) 20 7539 5800

 

Sue Scholes, Director of Communications

 

Nicola-Jane Brooks, Investor Relations

 

ENDS

Notes to Editors:

About AMEC: AMEC (LSE: AMEC) is a focused supplier of high-value consultancy, engineering and project management services to the world's natural resources, nuclear, clean energy, water and environmental sectors. With annual revenues of over £2.5 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. The company employs some 23,000 people in around 40 countries worldwide. See amec.com

 

S2V Consulting: S2V Consulting was established on 2007 by a group of experienced principals, to form a leading conceptual consultancy in the Asia Pacific region. With some 100 technical staff over six consulting divisions, the company provides a truly integrated 'one-stop-shop' consultancy. S2V Consulting employs a core team of consultants providing consulting services throughout the project life-cycle including; development planning, concept selection, front end definition and project assurance

 

S2V Consulting also provides specialist technical consulting services including subsea and pipelines, process and facilities, technical safety & risk, emerging technology and environmental management and approvals services.

See S2Vconsulting.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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