WorleyParsons entered the UK O&G market with AFW Oil acquisition

Image courtesy of WorleyParsons

Image courtesy of WorleyParsons

WorleyParsons announced the completion of the acquisition of AFW Oil and Gas UK Limited announced on 9 October 2017. AFW UK is a leader in the Engineering & Construction, Operations and Maintenance and Hook-up services markets in the UK oil and gas market, with more than 45 years’ experience operating in the North Sea providing services across the full asset lifecycle. With over 3,000 employees in seven offices in the UK and the Middle East, the business is a leader in the Maintenance, Modifications and Operations market on the UK continental shelf.
The business represents the majority of Amec Foster Wheeler’s former UK upstream Oil and Gas operations, to be divested as a remedy to competition concerns raised in relation to the John Wood Group’s acquisition of Amec Foster Wheeler.