Strategic move expands and strengthens service offerings to offshore clients
ABS Group of Companies, Inc. concluded its acquisition of Safetec Nordic AS, with a signing ceremony attended by senior ABS, ABS Group and Safetec management in Trondheim, Norway, on January 5, 2012.
ABS and ABS Group Chairman, Robert D. Somerville, ABS Vice President David Weinstein, ABS Group CEO and President Tony Nassif and ABS Consulting President David Walker joined Safetec CEO Jan Morten Ertsaas, Safetec Board Chairman Jon Daniel Nesje and Professor Jan Erik Vinnem to sign the agreement bringing Safetec into the ABS Consulting organization.
The acquisition of Safetec will broaden the range of solutions and services provided to ABS Consulting’s offshore customers as well as strengthen its presence along the Norwegian Continental Shelf, the North Sea, wider European markets and with Norwegian clients operating in the oil and gas industry around the world.
ABS Chairman Robert D. Somerville said the acquisition represented an important step in equipping ABS Consulting to meet the increasingly complex challenges in the offshore sectors. “We are pleased to be closing the Safetec acquisition. This is an agreement which will enable ABS Consulting to enhance the delivery of services and programs that meet our client’s challenges today and tomorrow.”
Safetec CEO Jan Morten Ertsaas said, “The resources of Safetec complement those of ABS Consulting, resulting in an enhanced service offering to clients.”
Safetec has provided integrated safety, risk and asset lifecycle management services to customers in the offshore, marine and land-based industries for almost 30 years. Combining this experience with ABS Consulting’s existing safety, risk and integrity management services will enhance ABS Consulting’s capabilities and allow the organization to serve client needs locally in more key locations around the world.
About ABS (eagle.org)
Founded in 1862, ABS is a leading international classification society devoted to promoting the security of life, property and the marine environment through the development and verification of standards for the design, construction and operational maintenance of marine-related facilities.
About ABS Group and ABS Consulting (abs-group.com; absconsulting.com)
ABS Group of Companies is an affiliate of ABS and the holding company of ABS Consulting, EQECAT and ABS Quality Evaluations. ABS Consulting has been providing Safety, Risk, Integrity and Performance Management Services to Oil and Gas, Power, Maritime and Government clients for 40 years. Headquartered in Houston, Texas, ABS Consulting operates in over 30 countries with over 1,700 employees worldwide.
About Safetec (safetec.no)
Safetec is a leading provider of integrated risk and asset management services. With a focus on minimum downtime and safe production, Safetec offers life-cycle optimization services, from concept evaluation to decommissioning. Since 1984, Safetec has served customers from offices in Trondheim, Oslo, Stavanger and Bergen in Norway and through its subsidiary companies Safetec UK Ltd in Aberdeen and London, AP Safetec Sdn Bhd. in Kuala Lumpur, Malaysia and Safetec Risk Management Pty.Ltd, in Perth, Australia.
