Petrofac Acquires E-learning Business

Petrofac Training Services (PTS), the leading supplier of competence-led training and consultancy solutions to the international energy industry has acquired Oilennium Ltd, a specialist e-learning provider to the energy industry.

PTS specialises in the identification of areas within oil & gas workforces where competence can be developed and enhanced, then in turn designs and delivers comprehensive, bespoke training solutions to address identified areas.  Developing an e-learning capability is a key priority for PTS and the acquisition of Oilennium Ltd will enable the Company to deliver a cost-effective and differentiated offering to its customers.

Commenting on the acquisition, Paul Groves, Managing Director, Petrofac Training Services said: “We are delighted to welcome Oilennium to the Petrofac organisation. It is our intent to become the leader in delivering blended learning to the global oil & gas industry and this acquisition gives Petrofac the final piece of the jigsaw in providing this capability. I look forward to working with the team to create the leading e-learning business for this market.”

Kevin Keable, Managing Director and owner of Oilennium Ltd added: “We are very excited about joining the Petrofac organisation.  Oilennium has enjoyed significant growth over the last few years and now with the market access, content and synergies that Petrofac brings to us, we will be able to accelerate that growth and enhance our high standards.”