HOUSTON – ABS Group of Companies announced it has concluded its acquisition of Safetec Nordic AS, holding a signing ceremony attended by senior ABS, ABS Group and Safetec management in Trondheim, Norway, last week.
ABS and ABS group chairman, Robert D. Somerville, ABS VP David Weinstein, ABS group CEO and president Tony Nassif and ABS consulting president David Walker joined Safetec CEO Jan Morten Ertsaas, Safetec board chairman Jon Daniel Nesje and professor Jan Erik Vinnem to sign the agreement, bringing Safetec into the ABS Consulting organization.
The acquisition of Safetec will broaden the range of solutions and services provided to ABS Consulting’s offshore customers, the company said, as well as strengthen its presence along the Norwegian Continental Shelf, the North Sea, wider European markets and with Norwegian clients operating in the oil and gas industry around the world.
ABS Chairman Robert D. Somerville said the acquisition represented an important step in equipping ABS Consulting to meet the increasingly complex challenges in the offshore sectors. “We are pleased to be closing the Safetec acquisition,” he said in a statement. “This is an agreement that will enable ABS Consulting to enhance the delivery of services and programs that meet our client’s challenges today and tomorrow.”
Safetec CEO Jan Morten Ertsaas said in the same statement, “The resources of Safetec complement those of ABS Consulting, resulting in an enhanced service offering to clients.”
Safetec has provided integrated safety, risk and asset lifecycle management services to customers in the offshore, marine and land-based industries for almost 30 years. Combining this experience with ABS Consulting’s existing safety, risk and integrity management services will enhance ABS Consulting’s capabilities, the company said, and allow the organization to serve client needs locally in more key locations around the world.