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Sun August 04 2024

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£33m oil acquisition for Amec

21 Feb 11 Amec has paid £29m for an Aberdeen-based oil and gas services company, with a further £4m to be paid over the next two years.

Qedi employs more than 350 professionals who provide 'technical integrity' project delivery services to international oil companies in the UK and internationally.  Managing the technical integrity of the completion and commissioning phase is critical in ensuring any major project is delivered satisfactorily and the facility meets the operating criteria for which it was designed.  

The company was purchased from its owner-managers.

Amec chief operating officer Neil Bruce said: "This acquisition strengthens Amec's project delivery capability across our key sectors, supports the Vision 2015 strategy, and reinforces Amec's excellent track record through commissioning into operation.”

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