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TESPEC ACQUIRES INTERGULF

TESPEC L.L.C., an Abu Dhabi based company jointly owned by EMDAD LLC and Transfield Services (International) Pty Ltd., has acquired Intergulf General Contracting LLC, a construction and maintenance services firm that has a long standing reputation in the emirate since 1976.

INTERGULF with an asset of more than 400 employees, provides maintenance and capital works services as well as technical and non-technical manpower supply to the oil, gas and power industries in Abu Dhabi. Intergulf has several long term contracts with the ADNOC group of Companies including a HVAC maintenance contract for Gasco at their Bu Hasa and ASAB plants, Civil Maintenance Services for ADMA OPCO on Das Island and maintenance of lighting, HVAC and Fire & Gas for ADGAS on Das Island.

TESPEC is an approved and preferred shutdown and maintenance contractor with the ADNOC Group of companies and is currently bidding to Gasco and ADCO for their ongoing tenders. The company, by virtue of its shareholding partners EMDAD and Transfield Services, has a rich resource pool of extensive oil, gas and petrochemical experience in the areas of asset management, plant maintenance, shutdown management, brownfield project management and execution and has proven capability and experience in the management and execution of industrial cleaning and catalyst handling works.

Transfield Services is a leading international asset management, maintenance, shutdown and projects service provider in the oil & gas industry, with its head office in Sydney, Australia. In 2004 Transfield Services successfully secured a 5-year consolidated maintenance contract with RasGas Company Limited, Qatar. EMDAD has been known for over two decades in the region for its association with some of the leading vendors in the world and for serving the region with the best tools and technologies. EMDAD offers cutting edge solutions, tailor-made to the region's special requirements, primarily in the oil & gas, petrochemical, environmental and power industries.

"We've served the industry for over two eventful decades, and is still on a constant process of restructuring and evolution to capitalize on the growing potential in the Middle East”, observes Mansour Alami, GM of EMDAD LLC. "Our long-standing partnerships and strong customer relationship established over these years, and our stainless repute for quality and reliability have stood us in good stead and augur well for the future."

"We at Tespec are excited about the acquisition of Intergulf General Contracting LLC. We understand the excellent reputation Intergulf enjoys with its clients and that this will greatly assist Tespec in it's objective of becoming the preferred maintenance and shutdowns service provider in Abu Dhabi." comments Roger Brennan, General Manager of Tespec LLC.

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