Penspen, a leading provider of engineering and project management services to the energy industry, announces that it has signed a strategic alliance agreement with Nigerian engineering firm Crestech.
The partnership will enable the two businesses to provide engineering, project management and asset integrity services and operation and maintenance services for oil, gas and energy assets in Nigeria. This project will combine Penspen’s global expertise with Crestech’s strong domestic reputation.
Penspen has been active in Sub-Saharan Africa since 1972 and carried out a number of strategic projects in Nigeria including the Escravos – Lagos Gas Transmission System and Nigeria’s National Petroleum Products Pipelines and Depots. Over the past 12 months, Penspen has been working on a number of vital regional projects including the West Africa Gas System project for ECOWAS.
Crestech currently offers engineering and project management services to oil & gas companies and other energy assets across Nigeria and West Africa.
Penspen’s Vice President Europe & Africa, Neale Carter, said: “We are very pleased to be joining forces with Crestech to bring new opportunities to the Nigerian market. We see this alliance as the ideal way to further build on our presence in Nigeria.
“The skill sets of the two companies are very complimentary; Penspen can offer services across an entire project lifecycle, from engineering design to asset management and integrity, and covering the full range of offshore production facilities, from subsea production systems to oil and gas transportation networks, as well as expertise in offshore engineering for floating production units, platforms and subsea structures. Crestech, meanwhile, have excellent local market knowledge and experience. We look forward to exploring many new possibilities together”.
The Managing Director of Crestech, Peter Tabiowo, adds: “Crestech is delighted with this joint alliance with Penspen to further enhance and consolidate our expertise in the network of crude oil, multi-products, gas pipeline, depots/terminals as well as the onshore, offshore and deep water platforms in the Nigerian oil and gas industry. This alliance will undoubtedly bring the requisite technical skills gaps locally and eventually reduce costs of engineering projects in the industry in the very near future.”
Source: Press Release