London, UK, 19 December 2016

Penspen, a leading provider of engineering and project management services to the energy industry, announces that it has signed a strategic alliance agreement with Nigerian engineeringfirm Crestech.

The partnership will enable the two businesses to provide engineering, project management and asset integrity services and operation and maintenance services for oil, gas and energy assets in Nigeria. This project will combine Penspen’s global expertise with Crestech’s strong domestic reputation.

Penspen has been active in Sub-Saharan Africa since 1972 and carried out a number of strategic projects in Nigeriaincluding the Escravos – Lagos Gas Transmission System and Nigeria’s National Petroleum Products Pipelines and Depots. Over the past 12 months, Penspen has been working on a number of vital regional projects including the West Africa Gas System project for ECOWAS.

Crestech currently offers engineering and project management services to oil & gas companies and other energy assets across Nigeria and West Africa.

Penspen’s Vice President Europe & Africa, Neale Carter, said: “We are very pleased to be joining forces with Crestech to bring new opportunities to the Nigerian market. We see this alliance as the ideal way to further build on our presence in Nigeria.

“The skill sets of the two companies are very complimentary; Penspen can offer services across an entire project lifecycle, from engineering design to asset management and integrity, and covering the full range of offshore production facilities, from subsea production systems to oil and gas transportation networks, as well as expertise in offshore engineering for floating production units, platforms and subsea structures. Crestech, meanwhile, have excellent local market knowledge and experience. We look forward to exploring many new possibilities together”.

The Managing Director of Crestech, Peter Tabiowo, adds: “Crestech is delighted with this joint alliance with Penspen to further enhance and consolidate our expertise in the network of crude oil, multi-products, gas pipeline, depots/terminals as well as the onshore, offshore and deep water platforms in the Nigerian oil and gas industry. This alliance will undoubtedly bring the requisite technical skills gaps locally and eventually reduce costs of engineering projects in the industry in the very near future.”

ENDS

Notes to editors:

About Penspen
Penspen has been providing engineering, project management, asset management and integrity services to the oil and gas industry worldwide for over 60 years.Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include over 1,000 engineers with major offices in London, Aberdeen, Houston, Abu Dhabi, and Bangkok.

During its history, Penspen has undertaken over 10,000 projects, addressing a widerange of challenges from the economic evaluation of pipelines to complex integrated facilities design. Our heritage is onshore pipeline engineering, in which we have been involved in major pipeline projects around the world. However we have expanded to provide the full scope of engineering  services for the life cycle of an asset. We have also developed an extensive range of training servicescovering engineering design, integrity, and operations and maintenance, forenergy assets.

About Crestech
Crestech is a well established engineering company that has managed extensive projects onshore and offshore Nigeria and is well noted for world-class engineering jobs. Crestech has all the necessary facilities, know-how and systems that enable it deliver on its jobs. Over the years, Crestech has worked in collaboration with other engineering companies in Europe and America. www.crestechengineering.com

For more information please contact:

Jo Roberts | Marketing Communications Manager
Penspen Ltd | 3 Water Lane, Richmond upon Thames, Surrey. TW9 1TJ
T +44 (0) 208 334 2700 | D +44 (0) 208 334 2815
W www.penspen.com | E j.roberts@penspen.com