Member Article

T&T acquires oil and gas consulting firm

The Leeds-based global programme management and construction consultancy Turner & Townsend has further strengthened its oil and gas team with the acquisition of Norway-based contract management and strategic procurement consultants Pearson Lugard A/S.

The new entity will be known as Turner & Townsend Pearson Lugard.

Pearson Lugard was founded in Norway in 1977 with an office in Stavanger and its specialist consultants have outstanding credentials in the oil and gas industry, working for many of the world’s leading energy companies, including Statoil, Shell, ExxonMobil, ConocoPhillips, and Talisman. T

The firm also provides services to renewables and infrastructure projects.

Pearson Lugard provides services to clients ranging from contracts and procurement strategies, ITT development and negotiation, contract management and administration, quantity surveying, claims and dispute resolution, and contract close out.

Commenting on the acquisition, Turner & Townsend CEO Vincent Clancy, said: “We’ve been active in the oil and gas industry for 20 years, and it remains a strong and growing sector for us.

“We offer our clients support and advice throughout the full lifecycle of their projects, with a comprehensive range of programme management and project and contract services.

“Pearson Lugard’s pedigree in contract services is an excellent fit with our existing expertise in this sector, and their addition to our team will substantially broaden and enhance our global capability.

“With them at our side we will be able to offer an unbeatable range of services that will make us an even more strategic partner for oil and gas clients and enhance our capability in Norway in our core sectors of natural resources, infrastructure and property.”

Rhys Morgan, general manager of Pearson Lugard A/S, said: “Pearson Lugard believes the acquisition by Turner & Townsend is a natural and positive step in meeting the challenges of the Norwegian natural resources and infrastructure markets.”

This was posted in Bdaily's Members' News section by Mark Lane .