Intertek in double-digit profits increase
Quality assurance giant Intertek notched up a double-digit increase in profits last year despite “challenging conditions” in the oil and gas infrastructure market.
Intertek
Intertek buys German testing services firm
Quality assurance giant Intertek said today that it had snapped up a German automotive testing services firm.
Intertek to study impact of decommissioning on sandbanks
Quality assurance giant Intertek will research the impact on sandbanks of rock dumping during oil and gas decommissioning.
Intertek revenues up 20% despite drop in demand for oil inspection services
Revenues at quality assurance giant Intertek went up by 18% to £2.1billion in the first 10 months of the year thanks to income from acquisitions and growth in its products divisions.
Intertek nets seven year inspection deal in Oman
Intertek has won a seven year contract to provide inspection services for Petroleum Development Oman (PDO).
Intertek wins Northern Pipeline deal
Interek has won a deal with Jemena's Northern Gas Pipeline (NGP) Project.
RGU teams up with Intertek for £50k oil and gas “big data” project
Quality assurance giant Intertek will team up researchers at Robert Gordon University (RGU) to help oil and gas companies make the most of “big data”.
Intertek technology offers sampling boost for oil and gas
New speciality sample cyclinders will enable offshore chemists to transport samples containing mercury and hydrogen.
Intertek makes US acquisition
Testing and inspection specialist Intertek has acquired US-based MT Group, giving the company closer access to the US high-growth construction markets.
Intertek launches new oil and gas decommissioning services
Intertek has launched a new set of oil and gas decommissioning services to help manage costs and asset inventory. The quality solutions provider showcased the new service earlier this week. The company will complete and manage the applications and permits associated with decommissioning projects for regulators and stakeholders. They will also utilise the expertise of their labs in waste analysis to provide waste characterisation and ensure that pipelines are safe to prepare for removal.
Intertek revenues and profits decrease
Quality testing giant Intertek saw revenues and profits decrease on a drop off in oil and gas project work. But the firm, which has testing facilities in Aberdeen, said it expects “near-term negative headwinds” in its oil and gas business to “ease”. In note to investors, the FTSE 100 company said that around 40% of its annual revenues in the first half of the year were linked to the oil and gas industry - through technical inspection (capex), asset integrity management and non-destructive testing, as well as cargo inspection and testing.
Intertek appoints new lead consultant
Intertek has appointed a new integrity lead consultant to its production and integrity assurance division. Andy Duncan has more than 30 years’ experience in the oil and gas industry. He has joined the company from the HSE’s (Health and Safety Executive) energy division offshore, where he was a specialist for eight years.