Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Balfour Beatty buys £31m US drilling firm

Balfour Beatty has bought a £31 million turnover drilling and energy storage business in the US.

The construction and infrastructure firm has acquired Subsurface Group, to expand Parson Brinckerhoff’s energy storage services business.

Subsurface is a professional consulting and engineering firm, providing services in underground injection, underground storage, specialty wells, petroleum and natural resources, and environmental science.

Headquartered in Houston, Texas, Subsurface also has offices in Baton Rouge, Louisiana and South Bend, Indiana and employs 37 people.

Balfour Beatty said the combined business will have an enhanced global offering to customers in a number of strategic growth areas.

Balfour Beatty chief executive Ian Tyler said: “Subsurface Group’s recognised expertise in underground injection and specialty wells and Parsons Brinckerhoff’s skills and services in underground storage create synergies for us and for the oil and gas, energy and industrial clients both companies serve.

“We are very pleased to have Subsurface as part of Parsons Brinckerhoff and see this acquisition as a significant step in enhancing our wider capabilities in power and energy - a strategic growth area for Balfour Beatty.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.