WOOD Group’s recent acquisition of SVT Engineering Consultants marks a significant step for Wood Group providing a global vibration, dynamics and noise (VDN) engineering service line according to Wood Group Kenny chief executive Bob MacDonald.
SVT managing director Stewart Wharton will continue to lead the 110-strong team of personnel across SVT’s offices in Perth and Brisbane.
Wood Group said SVT will operate within the Wood Group Kenny business.
Mr MacDonald said SVT builds on Wood Group’s asset integrity management service line as part of its strategy to enhance its vibration, dynamics and noise capability to support the operational phase of Australia’s LNG and mining infrastructure.
“SVT is a natural strategic fit augmenting, yet broadening, our existing spectrum of specialist technical services to the energy, industrial and renewable markets, where we have an industry leading capability,” he said.
SVT managing director Stewart Wharton said he is looking forward to offering SVT’s services to Wood Group’s global client base.
“The depth of expertise Wood Group has in vibration, dynamics and noise, including specialist tools and software for data analytics, will open up new opportunities for our services.”
SVT further expands the global technical expertise, which Wood Group established with the acquisition of Calgary-based BETA Machinery Analysis in June 2015 and augmented by an expert team which was established in Southampton, UK, at the end of 2015.
The acquisition also enhances the geographic footprint of Wood Group’s VDN service, making it a truly global offering.
SVT, a privately-owned company with headquarters in Perth, provides piping and rotating equipment vibration, noise, integrity engineering and asset integrity services.
Originally formed to pioneer the application of sound and vibration technology in the Australian resource sector, SVT’s client base now covers the onshore and offshore oil and gas market including liquefied natural gas (LNG), as well as mining, power and utilities sectors.