On 9th February 2021, we announced the acquisition of SNC-Lavalin’s oil and gas business. It is a landmark deal and testament to the efforts of all parties involved, which is expected to be completed in the first half of 2021. It reinforces our ambition as an exceptional company to work for and with and positions us as a leading integrated energy services company.
On Tuesday 9th February 2021, we announced an agreement to acquire the oil & gas business of SNC-Lavalin’s Resources Division.
This business includes people and assets brought together through their acquisition of the Kentz and other energy services businesses. This transaction marks an exciting, ground-breaking development for Kentech to reinforce our position as a leading integrated energy services provider and introduces us to the renewable / clean power marketplace. We now move forward together with a global network of more than 10,000 professionals united by a commitment of common values and strong partnerships with clients from across the world.
By investing now, we are strategically positioning the company to take advantage of the next cycle of growth.
Our complementary businesses will join forces, creating a stronger offering across the full asset life cycle – from consulting to design and build, commissioning and start-up, through to maintenance, modification and turnaround, as well as decommissioning services.