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.”
About Penspen
Penspen has been providing engineering, project management, asset management and integrity services to the oil and gas industry worldwide for over 60 years. Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include over 1,000 engineers with major offices in London, Aberdeen, Houston, Abu Dhabi, and Bangkok.
During its history, Penspen has undertaken over 10,000 projects, addressing a wide range of challenges from the economic evaluation of pipelines to complex integrated facilities design. Our heritage is onshore pipeline engineering, in which we have been involved in major pipeline projects around the world. However we have expanded to provide the full scope of engineering services for the life cycle of an asset. We have also developed an extensive range of training services covering engineering design, integrity, and operations and maintenance, for energy assets.
About Crestech
Crestech Engineering limited offers engineering and project management services to oil & gas companies in Nigeria and to the regional West African market. It was incorporated on the 3rd of July 2007.
Crestech is one of the affiliates of the Technip group. Backed by more than 50 years of experience and thanks to the know-how and expertise of its teams, Technip is a key contributor to the development of technologies and sustainable solutions in the exploitation of world energy resources. As an affiliate, Crestech benefits from this know-how and has adopted Technip standards of performance.