Entrepose Contracting Acquires Challenger Special Oil Services

Entrepose Contracting has announced the acquisition of Challenger Special Oil Services and the creation of a services division within the group.

For over 25 years, Challenger has provided expertise and services to the oil and gas industry by participating in research studies and proposing solutions for the start-up, maintenance and repair of oil, gas and petrochemical pipelines. Active worldwide, the Paris-based company has two branches in Nigeria and Malaysia and provides both onshore and offshore services to major oil and natural gas companies, including Total, BP, Shell, Exxon Mobil, Amoco, Petronas, Gaz de France and QatarGas.

Dominique Bouvier, CEO of Entrepose Contracting, stated, "The acquisition of Challenger demonstrates our ambition to expand the range of services we offer our oil and gas clients in areas relating to our traditional lines of business. The more recurrent nature of these services will strengthen our presence alongside these sector heavyweights."

Entrepose Contracting has acquired 100% of the shares of Challenger Special Oil Services which will be consolidated as of January 1, 2009.

Challenger's staff will join the Group's head office over the coming weeks.