On 1 October 2013, Ramboll acquired Excel Engineering Inc., an American engineering consultancy within the oil and gas industry based in Houston, Texas. The agreement was officially signed in Houston by John Sørensen, Managing Director, Ramboll Oil & Gas and Mostafa Jamal, President and CEO, Excel Engineering.
Expanding oil and gas consultancy and widening the geographical reach are important components in realising the Ramboll Group strategy. Therefore, Ramboll is pleased to join forces with Excel Engineering who have worked on nearly all continents of the world, completing more than 1,400 projects for over 100 different clients.
Entering a booming US oil and gas market “I’m very pleased to announce this acquisition. We believe that Excel Engineering and Ramboll Oil & Gas form a great strategic match. Adding around 50 American oil and gas experts to our international consultancy is an important step towards realising our ambitious growth strategy.
The American oil and gas market holds enormous business potential and is set to regain its position as the world’s largest oil and gas producer within a few years. Gaining foothold in Houston allows us to service both existing and new clients on a new continent and may also function as a stepping stone for realising future oil and gas projects in Africa and South America,” says John Sørensen.