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Oil, Gas, Petrochemical Industry News
News Release from: AMEC
Edited by the Processingtalk Editorial
Team on 03 April 2008
AMEC acquires project services company
Rider Hunt
AMEC, the international engineering and project management company, has acquired the leading project services company Rider Hunt International, from its owner managers, for GBP25M in cash
Based in Godalming, UK, RHI is an international provider of project services to the oil, gas, chemical, energy and process industries The company has a professional staff of some 240 people, working in 15 countries and has locations both in mature markets and frontier regions, including Azerbaijan and Kazakhstan
This article was originally published on Processingtalk on 5 Sep 2005 at 8.00am (UK)
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It is a recognised leader in project controls and tendering IT solutions, has an excellent track record of success in major oil and gas projects and has high levels of repeat business from a broad customer base.
"Acquiring RHI is an important step in our strategy of providing best in class consultancy services in programme and project management in the energy industries," said Neil Bruce, Chief Operating Officer of the AMEC Natural Resources division.
"RHI has some of the very best people and proprietary systems in the business and provides an excellent geographic fit with the AMEC footprint in mature and frontier regions".
Jim McFarlane, Managing Director of RHI said: "We are pleased to combine our capabilities with AMEC, to form a leading project management consultancy to access opportunities in energy markets worldwide.
The AMEC strong customer relationships and geographic footprint will allow us to grow with greater speed".
RHI will continue to be operated as an independent, stand-alone business, with AMEC providing the geographic presence and capability to facilitate their growth.
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