Deal: Nestoil Acquires IMPAC Oil & Gas Ltd

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NESTOIL Plc has announced the acquisition of IMPaC Oil & Gas Engineering (Nigeria) Limited.

Following the acquisition, Dr. Ernest Azudialu-Obiejesi has become the new chairman of IMPaC Oil and Gas Engineering Limited. The management of IMPaC Nigeria, however, will remain the same, with Denis Bone retaining his position as the managing director.

Established over 16 years ago, IMPaC Oil and Gas Engineering Ltd is a foremost engineering services firm formed as the Nigerian arm of the larger 25 year old IMPaC Offshore Engineering GmbH with head office in Hamburg, Germany. The company’s broad based engineering disciplines include process control and instrumentation, electrical, telecoms, automation, drilling, mechanical, pipeline, piping, civil, structural, naval and procurement.

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Source: Guardian