Aberdeen Drilling School acquires Oiltec Solutions
Aberdeen Drilling School Ltd, part of the RelyOn Nutec group and globally recognised for its advanced drilling, well engineering and well control training, has completed the strategic acquisition of Norwegian simulation technology company Oiltec Solutions AS, from the HITEC Vision’s portfolio company Teresoft AS.
Oiltec Solutions has been active in the development of advanced simulation for drilling and crane operations since its inception in 1998, to supply cyber-based drilling simulation and associated training to the oil and gas industry. Since building one of the most advanced simulators on spec for Equinor, the team at Oiltec Solutions has been widely recognised within their domain for ultimately creating a safer work day and offshore industry.
Oiltec Solutions will become the central simulation technology and development team at Aberdeen Drilling School, creating an inhouse platform technology that will be rolled out through their global training centres. The combination of these two market leading groups will allow our global client base unrivalled access to some of the most advanced simulator-based training, wherever their operations and fleets are based.
Jim Sutherland, chairman of Aberdeen Drilling School says:
“Our team is very excited about the potential that comes from combining these two companies. Combining a world class simulation development team with our operationally experienced coaches and market leading technical expertise will bring our unique solutions to the forefront of advanced drilling and well engineering training.
With total ownership of advanced simulator technology, we can now produce, manage and customise our simulators to our clients’ specifications, creating the high quality drilling and crane simulation that international operators and contractors have long been asking for. Once fully integrated into our global operations, we will be able to offer our clients the same world class and true-to-life training facilities wherever their operations are located.”
Torben Harring, Group CEO of RelyOn Nutec states: “As a world leader in safety and survival training, we have learned that the right training environment is key to building long lasting competencies that are crucial in stressful working situations. With the acquisition of Oiltec Solutions, we are taking another step in supporting our customers from a 360° safety perspective”, says.
Andreas Marø, Chairman of Oiltec Solutions and Investment Director in HITEC Vision says: “We are pleased to have found a new home for Oiltec Solutions within the RelyOn Nutec group. We believe Oiltec’s simulation and visualisation solutions will enhance their offering within mission critical training.”