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Tuesday November 3, 2009
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HOUSTON, Texas, USA - Moody International recently announced that it had acquired PetroSpect Inspection Services, Ltd., an in-service technical inspection and engineering support services provider to the USA Refining and Chemical Processing industry. PetroSpect is based in Texas City , Texas .
Brendan Connolly, CEO of Moody International, commented that, “This acquisition is in line with Moody’s strategy to grow our Asset Integrity Services. PetroSpect has an enviable reputation for providing services and people to the industry, has a strong management team, and is a close cultural fit. PetroSpect complements our existing in-service business allowing us to better serve our clients through the provision of a wider range of services.”
James Cesarini, General Manager of PetroSpect, commented, “PetroSpect prides itself on a 20-year history of providing quality visual in-service inspection services. We are excited to leverage Moody’s global presence to expand PetroSpect’s reach.”
The combined Moody International and PetroSpect In-Service offerings in the USA now include:
- In-Service / routine operational inspections such as API 510, 570, 653, and AIA to National Board requirements.
- Corrosion monitoring
- Remaining life assessments and calculations
- Fitness for purpose assessments
- Inspection program auditing
- In-Service repair management, consulting, planning and certification
- Metallurgical and failure investigations
- Inspection support for re-rating and equipment modifications
Further exciting developments are being planned to grow this service offering in the USA and to expand into other select areas of the world.
About Moody International:
Headquartered in the UK , Moody International is a leading global provider of technical inspection, technical staffing, consulting and training services to the oil and gas, construction, mining and power generation industries and provides system certification services to all sectors. Moody International is owned by management and Investcorp, the Bahrain based private equity firm.
About PetroSpect Inspection Services Ltd.:
PetroSpect Inspection Services Ltd. provides inspection services, using certified professionals, to the refining, petrochemical, oil and gas, and power industries.
To learn more about PetroSpect Inspection Services Ltd go to: http://www.petrospect.com/
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Tags: Moody International, PetroSpect Inspection Services
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