Mott MacDonald Acquires Procyon Oil & Gas Limited (UK)

Engineering, management and development consultancy Mott MacDonald announce that it has acquired Procyon Oil & Gas Limited.

Procyon Oil & Gas Limited is a multi-disciplinary engineering consultancy providing services to a broad range of clients in the upstream oil and gas industry for both offshore and onshore locations. Procyon offers specialised process and facilities services across all phases of upstream design, engineering, construction and operation. The company has 45 staff based in Guildford, UK, and experience of working in many countries with current key areas of focus being the UK/Ireland and West Africa.

Procyon has a diverse project portfolio covering all project work phases including M&A support, due diligence / independent design reviews, conceptual screening / design, debottlenecking analysis, facilities definition, FEED, detailed design, PMT, project management, cost and schedule estimation, procurement, construction management and operations support. Their work is broadly split 50/50 between offshore and onshore development projects.

Mott MacDonald has more than 1,400 staff in its global Oil, Gas and Petrochemicals team engaged in developing, designing and providing project management services for onshore and offshore facilities and providing leading expertise on cross border supply issues and alternative technologies. Projects include engineering, procurement and construction management services around the world as well as high-level advisory services to the EU, government ministries and global oil & gas companies on energy strategy, market development and supply security.

Commenting on this latest acquisition Mott MacDonald chairman Keith Howells said: “Bringing Procyon into the Group will strengthen our ability to provide all phases of upstream design, process engineering, construction management and operation for our clients operating both in the offshore and onshore arena. With this added resource and expertise, we can target additional opportunities in Eastern Europe and the Middle East where we already have a strong base. “

“Procyon very much shares our culture of professional excellence and innovation, looking to provide value added solutions and the best technical, sustainable and commercial outcomes for their clients,” he added.

John Gridley, director of Procyon, is equally enthusiastic about the opportunities that joining Mott MacDonald will bring. “The key process and facilities engineering and project management skills of the Procyon team will be enhanced by having access to Mott MacDonald’s global network, resources and capability. We consider this will enable us to offer our customers a more comprehensive service, leading to greater collective opportunities.”

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Press Release, January 15, 2013