LineStar Integrity Services Acquires NuGen Automation
LineStar Integrity Services LLC, a portfolio company of First Reserve, today announced that it has acquired NuGen Automation LLC, enhancing its ability to provide enterprise-class SCADA, IT, leak detection, regulatory compliance, and operations support for midstream and downstream pipeline companies. Financial details of the transaction were not disclosed.
Under the terms of acquisition, Son Tran will continue in his role as President of NuGen, reporting directly to Daniel Cowan, CEO of LineStar.
“NuGen represents an important building block to grow our energy, integrity, regulatory compliance, and control center operation offerings,” Daniel Cowan, LineStar’s CEO, said. “The company’s proprietary business solutions and in-depth knowledge of how to capture, analyze, and monitor large amounts of operational data serves to greatly improve the safety, profitability, reliability and regulatory compliance standards of oil and gas assets.”
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
Comments