Amec completes Ipedex SAS acquisition

AMEC has today (Thursday) completed the purchase of Ipedex SAS, an integrated services provider to the international oil and gas industry.

The aquisition, which will add to AMEC's 19% share in the oil and gas market, was made through AMEC's wholly-owned French subsidiary, SPIE S.A. 

Ipedex has a number of long-term oil and gas contracts in France, the Middle East, South East Asia and West Africa.

Sir Peter Mason, AMEC's chief executive, said: "The addition of Ipedex will again strengthen AMEC's position in the international oil and gas sector, furthering our technical services capabilities, client relationships and ongoing expansion of market share."