Quality Production Management Buys Unit of Production Management Industries
Quality Production Management, a sister company of Lafayette-based Quality Construction and Production, has purchased the contract operations division of Production Management Industries from Superior Energy Services.
Production Management Industries was the first company to offer contract operations in the Gulf of Mexico more than 25 years ago. Headquartered in New Iberia, La., PMI's contract operations division also maintains shore bases in Venice, La., and Intracoastal City, La., and employs more than 350 people to help oversee the 150 properties it manages. It also assists with the helicopter and marine transportation needs of its clients. Included in the acquisition is Pro Active Compliance, a professional compliance group that remains up to date with all codes and federal regulations. PAC offers innovative corrective solutions that are tailored to serve clients' regulatory and compliance needs. As a result of the acquisition, PMI's contract operations division will now operate as QPM.
QPM's sister company, Quality Construction and Production, was founded in 2001 by Troy Collins and Nathan Granger, both of whom have more than a decade of experience in the fabrication business, and has fast become a premier provider of fabrication and offshore construction services in the Gulf of Mexico and abroad. Having grown to more than 500 employees, the company has developed relationships with many major and independent oil and gas operators in the Gulf of Mexico. Quality Construction and Production has earned a reputation for providing an exceptional level of customer service and will build on that foundation with QPM.
"This acquisition is a great strategic fit with our mission, which is to provide our clients with a service and product that ultimately increases their shareholder value," says Granger, QPM's president. "For some time we have been able to market the services of the finest fabrication and offshore installation crews the industry has to offer, but now we can provide start-up and operations management services as well."
QPM is located on Hwy. 90 in New Iberia, with shore base operations in Venice and Intracoastal City. QPM is currently accepting applications for both onshore and offshore production operations positions.
- Superior Energy Eliminates Dividend (Mar 31)
- PMI Energy Services Sets Up New Shorebase in Morgan City (Oct 22)
- Oil Billionaire Hamm Sold Superior Energy Stake Citing Weak Returns (Aug 11)
Company: Quality Production Management more info
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