Switzerland: SGS Buys Intech
SGS said it has acquired US engineering and consulting firm Innovative Technical Services (Intech).
Intech is a privately held engineering and consulting firm specializing in production allocation modelling to the oil and gas industries.
Founded in 2001 and located in New Orleans and Houston, Intech employs 19 full-time staff and have revenues in excess of USD 3 million.
“Intech provide valuable services to the upstream oil and gas industry. This is a sector and field that SGS wants to be a part of and fits exceptionally well into our strategy and vision”, says Chris Kirk, CEO of SGS.
LNG World News Staff, December 14, 2011; Image: Innovative Technical Services