Denmark's Ramboll Gain World Oil Capital Foothold

MarineLink.com
Thursday, October 03, 2013
Houston City Skyline: Photo courtesy of Ramboll

International oil and gas consultancy Ramboll has acquired Excel Engineering Inc., an American engineering consultancy within the oil and gas industry based in Houston, Texas. The agreement was signed in Houston by John Sørensen, Managing Director, Ramboll Oil & Gas and Mostafa Jamal, President and CEO, Excel Engineering.

Excel Engineering has been an integrated part of the Houston oil and gas market for 20 years, offering quality services across engineering disciplines very similar to those provided by Ramboll today.

John Sørensen said:  “I’m very pleased to announce this acquisition. We believe that Excel Engineering and Ramboll Oil & Gas form a great strategic match. Adding around 50 American oil and gas experts to our international consultancy is an important step towards realising our ambitious growth strategy.

The American oil and gas market holds enormous business potential and is set to regain its position as the world's largest oil and gas producer within a few years. Gaining foothold in Houston allows us to service both existing and new clients on a new continent and may also function as a stepping stone for realising future oil and gas projects in Africa and South America.”

“Becoming part of a 10,000 people strong organisation such as the Ramboll Group is exciting and obviously provides us with a much larger pool of resources to draw on. When Ramboll approached us and we saw the shared values and technical match of our companies, it was an easy decision to join the Scandinavian founded company. Together with Ramboll we look forward to introducing clients to even better oil and gas solutions in the future,” says Mostafa Jamal.
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Consulting

Volume Up in Dutch Maritime Technology Sector

The Dutch maritime technology sector has had a good year. Turnover increased by 17%, from EUR 6.4 billion in 2013 to EUR 7.5 billion in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013.

Carrier Schedule Reliability Improves in April

Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate

European Ports Identify Their Priorities

European ports are real “multitaskers”: they combine different functions ranging from gateway to the world, nodes in the transport chain, hotspots for Europe’s industrial activity,

Mergers & Acquisitions

Viking Orders 2 Liebherr Cranes

An LR 1300 with super lift equipment and an LR 1160 crawler crane will strengthen the fleet of Viking Cranes. The Tallinn-based company with branch offices

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Ferry Firm DFDS Looks to Expand

Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record

 
 
Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0733 sec (14 req/sec)