AMEC is to acquire Zektingroup (Zektin), an Australian-based specialist engineering consultancy for the oil & gas and resources industries, from its owner-managers. AMEC is an international engineering and project Management Company. The transaction is closing later in February.

Zektin is a 200-person engineering consultancy that provides front-end engineering design (FEED) and engineering services to the oil and gas market, in particular coal seam methane (CSM), and the controlled-environment market, which includes the bioprocess, biotechnology and pharmaceuticals sectors.

The acquisition of Zektin is fully aligned with AMEC’s Vision 2015 strategy of assured growth through a strengthened geographic footprint and enhanced capabilities in key sectors, stated the firm in a press release. Chief Operating Officer of AMEC, Neil Bruce, said the Zektin investment marks an important milestone in the firm’s growth strategy in Australia and in the oil and gas sector.

The acquisition provides AMEC with oil and gas capability on the east coast of Australia, as well as access to the CSM sector, which is one of its target markets.

Steve Ciccone, Director of AMEC’s Australia and South East Asia operations said Zektin will enable AMEC build on its already formidable oil and gas expertise in the region.  

Commenting on the acquisition, Gerali, Zektin’s Managing Director noted that combining the two firms’ capabilities marks a significant move for the firm and the two look forward to pursuing other opportunities. AMEC’s global footprint and proven processes and systems will enable Zektin’s build on its service offering, while maintaining its focus on adding value for its customers, said Gerali.

AMEC is a focused supplier of high-value consultancy, engineering and project management services to the world’s natural resources, nuclear, clean energy, water and environmental sectors. With annual revenues of over £2.5 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. The company employs some 23,000 people in around 40 countries worldwide.

Zektingroup is an engineering consultancy based on the east coast of Australia with strong capabilities and experience in the provision of FEED and engineering services to the onshore oil and gas market, in particular coal seam methane (CSM) and the controlled environment market which includes the bioprocess, biotechnology and pharmaceuticals sectors.

Zektin has grown on the back of the services it provides to the Coal Seam Gas industry in Australia, with the development of reliable, sustainable, remote area facilities and pipelines.

8 Feb 2011.