Neuilly -sur -Seine, France, June 2, 2014 - Bureau Veritas recently acquired DTI DiversiTech, Inc. (DTI), a U.S. company specialized in inspection and audit for the oil and gas sector.
Founded in 1989 and headquartered in Texas, DTI is the leading U.S. in the inspection of subsea equipment and termination used in offshore drilling operations, a market estimated at USD 150 million.
The company employs more than 85 people and generated revenues of approximately EUR 15 million (USD 20.3 million) in the year ended August 31, 2013.
DTI Bureau Veritas will strengthen its presence in the oil and gas market in the United States, particularly in the Gulf of Mexico. This region offers significant growth prospects that are driving investment in new drilling and production infrastructure.
Didier Michaud - Daniel, Bureau Veritas ' CEO, said:
" The oil and gas is increasingly using our services amid growing technological challenges in exploration and production offshore, in a stricter regulatory environment. Integration of DTI strengthens and reinforces our expertise and capabilities the situation in the U.S. technical group. "
Gerald Falls, DTI President and CEO, added:
"We are delighted to be part of Bureau Veritas. Our complementary activities enable us to offer additional services to our customers and to accelerate the expansion of DTI."
Workforce Bureau Veritas North America now reaches over 6000.
Download the press release in PDF format
About Bureau Veritas
Bureau Veritas is a world leader in laboratory testing, inspection and certification. Created in 1828, the Group has more than 64,000 employees at about 1,330 offices and laboratories in 140 countries. Bureau Veritas helps its clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on Euronext Paris and belongs to the principal Next 20.
Compartment a, code ISIN FR 0006174348, stock symbol: BVI.
Founded in 1989 and headquartered in Texas, DTI is the leading U.S. in the inspection of subsea equipment and termination used in offshore drilling operations, a market estimated at USD 150 million.
The company employs more than 85 people and generated revenues of approximately EUR 15 million (USD 20.3 million) in the year ended August 31, 2013.
DTI Bureau Veritas will strengthen its presence in the oil and gas market in the United States, particularly in the Gulf of Mexico. This region offers significant growth prospects that are driving investment in new drilling and production infrastructure.
Didier Michaud - Daniel, Bureau Veritas ' CEO, said:
" The oil and gas is increasingly using our services amid growing technological challenges in exploration and production offshore, in a stricter regulatory environment. Integration of DTI strengthens and reinforces our expertise and capabilities the situation in the U.S. technical group. "
Gerald Falls, DTI President and CEO, added:
"We are delighted to be part of Bureau Veritas. Our complementary activities enable us to offer additional services to our customers and to accelerate the expansion of DTI."
Workforce Bureau Veritas North America now reaches over 6000.
Download the press release in PDF format
About Bureau Veritas
Bureau Veritas is a world leader in laboratory testing, inspection and certification. Created in 1828, the Group has more than 64,000 employees at about 1,330 offices and laboratories in 140 countries. Bureau Veritas helps its clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on Euronext Paris and belongs to the principal Next 20.
Compartment a, code ISIN FR 0006174348, stock symbol: BVI.
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