WorleyParsons acquires MTG

Engineering and maintenance firm WorleyParsons has acquired US-based hydrocarbons management consultancy MTG for an undisclosed sum.

MTG provides operational advice to the oil, gas, petrochemocals and chemicals sectors and has operations in North America, the United Kingdom and Australia.

WorleyParsons said on Tuesday that MTG would fit well with its own advisory business, Advisian.

” This acquisition provides us with another very important building block in the growth of Advisian as we build a global advisory business that will make a material impact to our customers’ operational and financial performanc,” WorleyParsons chief executive Andrew Wood said in a statement.

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