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Turner & Townsend buys Norwegian oil and gas specialist

Turner & Townsend has announced the acquisition of Norway-based contract management and strategic procurement consultants Pearson Lugard A/S.

Pearson Lugard was founded in Norway in 1977 and works for leading energy companies, including Statoil, Shell, ExxonMobil, ConocoPhillips and Talisman. It also provides services to renewables and infrastructure projects.

The new entity will be known as Turner & Townsend Pearson Lugard.

Turner & Townsend chief executive Vincent Clancy said: “We’ve been active in the oil and gas industry for 20 years, and it remains a strong and growing sector for us.

“We offer our clients support and advice throughout the full lifecycle of their projects, with a comprehensive range of programme management and project and contract services.

“Pearson Lugard’s pedigree in contract services is an excellent fit with our existing expertise in this sector, and their addition to our team will substantially broaden and enhance our global capability.

“With them at our side we will be able to offer an unbeatable range of services that will make us an even more strategic partner for oil and gas clients and enhance our capability in Norway in our core sectors of natural resources, infrastructure and property.”

Pearson Lugard A/S general manager Rhys Morgan added: “Pearson Lugard believes the acquisition by Turner & Townsend is a natural and positive step in meeting the challenges of the Norwegian natural resources and infrastructure markets.

“The new company will offer tremendous opportunities to provide an increased range of services to our clients in Norway and internationally.

“Drawing on the benefits of the combined expertise and resources of Turner & Townsend and Pearson Lugard, we are committed to continuing our high levels of client service.”

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