3t Energy Group has announced the exchange of contracts with Petrofac on a major transformational acquisition for the purchase of its United Kingdom training centres.
The Chief Executive Officer of 3t Energy Group, Kevin Franklin, disclosed that the purchase included Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland.
He said, “The acquisition adds to our existing world-class training facilities and customer service offer. It also cements our position as the leading provider for training in the energy industry, while expanding our capabilities into other segments.
“Buying Petrofac’s UK in-person training presence was an excellent opportunity that we had to explore. It allows us to extend our customer offering and demonstrates our commitment to providing the very best training to the energy industry.”
According to him, with Petrofac’s strong training pedigree and world-class staff, the acquisition both broadens and strengthens 3t’s market leading offer.
Chairman of 3t Energy Group, Mark Corrigan, noted, “This is a strategic acquisition for 3t Energy, which will have a transformational impact on the group. The deal expands our portfolio of services and our training now reaches most parts of the energy ecosystem, including the fast-growing renewables sector.
The purchase of Petrofac’s UK training centres adds to 3t Energy’s existing training centres in the UK, and complements the group’s state-of-the-art digital learning and workforce development technology, 3t Transform.
3t Energy Group is backed by Blue Water Energy, the specialist private equity firm. The purchase by 3t Energy is the group’s fourth acquisition in three years, adding to its renowned group of advanced training businesses.
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