EnerMech broadens range of engineering services through MInteg investment
- Business & Finance
Engineering services group EnerMech has taken a majority stake in Aberdeen-based maintenance, inspection and integrity specialist MInteg Ltd.
MInteg provides a range of specialist maintenance, integrity and inspection services to the oil and gas, renewables, utilities and other major process industries, and offers full IRATA certified rope access capability.
MInteg founder Colin Smith and maintenance and integrity experts John Bruce and Patrick Gallagher – who recently joined MInteg from operator Apache North Sea – have relocated to EnerMech’s Aberdeen headquarters and the business will continue to trade under the MInteg brand.
According to EnerMech, the MInteg team brings with them a track-record in non-destructive testing, rope access services, integrity management, inspection services and rotating equipment maintenance, including gas turbines and compressors.
EnerMech said the investment was part of an ongoing strategy to broaden its range of engineering services and to optimize support for late-life hydrocarbon assets by safely reducing costs and improving asset integrity.
Clients had indicated a requirement for integrity and inspection services and a broader maintenance capability and EnerMech had responded to that need.
EnerMech chief executive officer, Doug Duguid, said: “MInteg is a highly complementary business to our existing service lines and their skillset broadens out the capability of the integrated services we can offer to the energy, utilities and infrastructure sectors.
“Customers have indicated they would welcome an inspection and integrity offering as well as a wider maintenance offering which encompasses rotating machinery and the MInteg management team are one of the most experienced in the industry in this regard. With a focus on minimising costs for our clients while creating more cohesive and co-operative business models, this acquisition is consistent with our ambition to be recognised as the prominent provider of integrated services.
Duguid said MInteg was a “highly scaleable business” and whilst the initial focus would be on the UK market, EnerMech would support its global ambitions by rolling out its services to existing clients in Africa, Australia and the US.
This is the second acquisition EnerMech has made in 2017 and follows on from the purchase in January of EPS Group which provides electrical and instrumentation services in Australia and the US.
EnerMech now has 3000 employees operating from 40 bases located throughout the UK, Europe, Africa, Asia, Australia, the Middle East and Caspian and the US.