Petrofac Acquires Metering Specialist

  • Petrofac Acquires Metering Specialist

    Petrofac Acquires Metering Specialist

    Thursday, 1st April 2010
    Petrofac, the international oil & gas facilities service provider, confirms that it has acquired Stephen Gillespie Consultants Limited (SGC), a UK-based provider of metering services and systems for an initial cash consideration of £2.1 million. A further consideration of up to £1.4 million will be payable in cash over two years, subject to achieving certain agreed performance targets.