Challenge Energy partners with SLR to form major global upstream consultancy
Oxford-based SLR Consulting has acquired UK upstream consultancy Challenge Energy in the firm’s fifth in the oil and gas sector this year
Challenge Energy, founded by Nick Hooke in 1997, has established itself as a provider of integrated upstream oil and gas solutions globally with particular focus in the UK, NW Europe and Africa.
Recent clients include Chevron, Det Norske, OMV, Africa Oil and the Government of Kenya.
Under the terms of the agreement the companies’ upstream teams will merge, working out of Challenge’s Guildford base.
The newly-expanded team will be led by Nick Hooke, who continues as managing director of Challenge, with the management team augmented by SLR’s technical director, Hamish Wilson.
Nick said: “Merging with SLR’s team allows us to strengthen our offering across the upstream value chain, particularly in exploration-related services.
“We also gain access to SLR’s wider global oil and gas offering, including environmental and regulatory compliance. The move affirms SLR and Challenge as the obvious partners for providing multidisciplinary global advisory services, at all stages of the hydrocarbon value chain – from exploration through to decommissioning.”
This was posted in Bdaily's Members' News section by Ellen Forster .
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