WorleyParsons to Acquire MTG to Expand Global Advisory Business

WorleyParsons announced Tuesday an agreement to acquire MTG, Ltd. MTG is a US based management consulting firm in the oil and gas, petrochemicals and chemicals industries with operations in North America, the United Kingdom and Australia. Completion of the acquisition is expected by the end of October.

MTG specializes in improving operational performance across every aspect of the exploration and production, midstream, refining and marketing, petrochemicals and chemicals industries.

The company has a 30 year history of providing strategic management advice and will provide Advisian, WorleyParsons’ advisory business, with deep strategic skills in business transformation.

David Henderson and Jim Nichols, partners of MTG, Ltd said: “On behalf of the MTG organization, we are very excited to join Advisian and the WorleyParsons Group. The combined capabilities and resources of our two companies will enable us to broaden the services that we provide to our clients as well as expand our geographic footprint.”

“We are very pleased to announce the acquisition of MTG. This acquisition provides us with another very important building block in the growth of Advisian as we build a global advisory business that will make a material impact to our customers’ operational and financial performance,” said Andrew Wood CEO of WorleyParsons.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Land GIS Spatial Analyst - Mineral Land
Expertise: Contracts Engineer|Geologist|Lease Analyst
Location: Denver, CO
 
Regional Sales Executive
Expertise: Business Development|Sales
Location: Jacksonville, FL
 
Land Representative - MCBU Midland Surface
Expertise: Landman
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours