OFFSHORE TECHNICAL COMPLIANCE ACQUIRES NORTHWEST TECHNICAL SOLUTIONS
Offshore Technical Compliance (OTC), the industry leader in compliance related services, has acquired Northwest Technical Solutions (NWTS) as a wholly-owned subsidiary, extending the efficiency and reach of its offshore services.
The acquisition of NWTS, which will be renamed as OTC Solutions, adds third party verification of compliance for well control equipment by a registered professional engineering firm to OTC’s portfolio, enabling its customers to access the full spectrum of compliance related services under the OTC brand.
OTC now operates out of offices in Houston and Covington, LA.
“With OTC Solutions, OTC can now provide more offshore services with a smaller footprint and cost,” said Mike Bethea, CEO, OTC. “Compliance inspection, predictive digital pressure testing through our GREENLIGHT software and third party verification of compliance can be provided by our integrated team of inspectors and surveyors. On a deepwater project, these services typically require four or five people; now we will be able to provide these services with two or three,” he explained.
Doug Foster, vice president operations, NWTS, said, “We are looking forward to joining forces with OTC. We believe that together, our valuable new approach to compliance service delivery will reduce costs and improve service quality for all operators in the GoM and beyond.”
MISSION / VISION
OTC is devoted to providing industry leading regulatory compliance inspections, training, and other related services to the global Oil & Gas Exploration and Production community of operators and contractors. We are a meticulously assembled team of experienced engineers, inspectors and technicians who stand constantly ready and prepared to be “Your Compliance Alliance”.
WHAT’S NEXT FOR OTC
The oil and gas industry is predicted to continue on a path of growth across the globe. Deepwater drilling technologies, the continued development of natural gas reserves, and growing demand for energy in developing nations ensures the future health of the industry. As these activities have increased, so has the need for first rate compliance assistance and support. As exploration and production activities increase, Offshore Technical Compliance stands ready to be the leading provider of Compliance Services worldwide. From the Gulf of Mexico to the Gulf of Guinea, OTC is prepared to provide compliance inspection services and training, crew competency assessments, and HSE-Q staffing. Our unique blend of experienced inspectors, operations engineers, and technical specialist are ready to provide support and solutions for operators and drilling contractors domestically and internationally.