Amec Foster Wheeler Buys Scopus Group
Energy engineering firm Amec Foster Wheeler reported Monday that it has bought Aberdeen-based Scopus Group – a precision engineering firm that services the oil and gas industry.
Employing 200 people, Scopus provides specialist engineering services to the global oil and gas, petrochemical and nuclear sectors. The firm's know-how includes laser scanning, dimensional control and lean engineering, which is used by oil and gas firms to engineer piping and structures.
The rationale for the takeover is that Scopus will provide a complementary fit to Amec Foster Wheeler's own offerings. The firm said that Scopus will continue to offer independent services to its customers while building on Amec Foster Wheeler's presence in 50 countries and customer base.
"This acquisition forms part of our growth strategy by further strengthening our project delivery capability across the upstream, midstream and downstream oil and gas sectors," Alan Johnstone, managing director of Amec Foster Wheeler's Brownfield Projects business, explained in a company statement.
"Combining Scopus' specialist expertize with our wider capability, geographic coverage and customer relationships will further enable us to deliver cost-effective services across the whole life-cycle of a project. In particular, the enhanced lean engineering capability will allow us to provide a low-cost solution at the late-life stage of a facility prior to decommissioning."
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