Petrofac Acquire Emergency Response Services Rubicon
Petrofac has acquired Rubicon Response Limited a specialist in emergency response, training and consultancy services. Aberdeen-headquartered Rubicon Response has become part of Petrofac Training, which was established as a division of Petrofac in February 2004 following Petrofac's acquisition of RGIT Montrose.
The deal will enable Petrofac to consolidate and extend its established position of providing independent response services to oil industry clients. Petrofac Training Managing Director, Murray Strachan said:
"Rubicon Response has developed an international reputation for excellence in its delivery of services and its integration into Petrofac Training is another step forward for us to become a leading global provider of technical, HSE and emergency response training, training management and consultancy services.
The deal has great strategic fit and enhances the product and service capability of Petrofac Training, whilst at the same time providing the infrastructure and management support to accelerate Rubicon Response's long-term growth plans."
Petrofac has a dedicated emergency response suite at its Aberdeen headquarters, and Rubicon Response has a 24/7 response capability in place with a team of highly trained staff regularly exercised to support offshore emergencies.
Rubicon Response, which has a staff of approximately 30, will continue to operate as a division within Petrofac Training, retaining its own brand identity and existing premises and will continue to be led by Managing Director, Jim Walker.
Rubicon Response's business has three key elements: Professional Services; Response Services and Training. The training aspect focuses on strategic and overall operational management of emergencies or incidents and sits alongside existing OIM, control room operator and emergency management training provided by its new sister division, RGIT Montrose.
Jim Atack, Managing Director of Petrofac Facilities Management in Aberdeen, said:
"Given the continuing emergence of new and smaller operators in the North Sea, we believe it makes sense to consolidate and build the offshore industry's emergency response capabilities in the existing, mature, service sector."
This acquisition creates a critical mass of highly-trained professionals already serving the industry very effectively in this role. "Fewer, highly experienced, emergency response providers will make the co-ordination of a wider emergency response involving the coastguard, police and other services more simple and thus more effective. It will allow for the development of processes and procedures that will really work when they are needed."
Jim Walker, Managing Director of Rubicon Response said:
"Rubicon Response has built an extremely impressive track record supporting clients in the North Sea and elsewhere, and we are experiencing growing demand for our services. As part of Petrofac Training we can take the provision of our services to the next level whilst maintaining the specialist nature of what we do. "Whilst continuing to provide important support to major operators, many of the smaller and new operators in the North Sea require a different type of emergency response service, designed to meet specific needs and provided on a regular, if not continuous basis."
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