Ross Offshore

We are pleased to announce that Ross Offshore has entered into an agreement to join ABL Group, with a plan to merge with its energy and software consultancy branch AGR, based in Norway and Australia 👉🏼 https://agr.com/news/ross-offshore-to-join-forces-with-agr/

By merging with AGR upon completion of the acquisition, Ross Offshore will consolidate its recognised reputation and expertise in wells and reservoir engineering and consultancy with that of AGR's to form an even broader technical offering, and a stronger leading position for further growth into new markets globally.

"This partnership is a strategic synergy of two completely complimentary companies, unlocking the opportunity to further strengthen our mutual position in oil and gas markets, so we can help bring best practice to more clients in more countries globally. It also represents a chance for both companies to grow our activity in the energy transition space. Lastly, with AGR and part of ABL Group, we will be able to nurture and grow the Ross approach for technical excellence beyond Norway and into new industry sectors," comments Jørgen Jørgensen, CEO of Ross Offshore.

This merger will also...👇🏼

➡ Consolidate our leading resource consultancy business, expanding our offering to the industry, whilst providing a stronger platform to develop into the and sector

➡ Expand our capabilities and track-record in CCUS and geothermal technologies

➡ Enhance our service offering to support energy and marine operations, in combining with ABL Group's wider portfolio

➡ Create a stronger platform for the global growth of Ross Offshore and AGR's unique expertise

The acquisition is expected to be completed in late Q2 or early Q3 of this year.