3t Energy group to make transformational acquisition with the purchase of Petrofac's UK in-person training business

• Broadens 3t Energy offering into the Marine & Major Emergency Management Training markets. 
• Deal comes as 3t Energy reports recovering demand for training in the energy sector. 
• Kevin Franklin, CEO of 3t Energy Group, says: “The acquisition adds to our existing world class training facilities and customer service offer. It also cements our position as the leading provider for training in the energy industry, while expanding our capabilities into other segments.”

Today, 3t Energy Group can announce that it has exchanged contracts with Petrofac on a major transformational acquisition for the purchase of its UK training centres. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed.

The purchase adds Marine training and further Major Emergency Management capabilities to the Group, extending its capability to service customers’ needs. 3t Energy will now become a supplier to Petrofac for its in-person UK training requirements, which consolidates it as the UK’s largest provider of global energy training services.

The purchase of Petrofac’s UK training centres adds to 3t Energy’s existing training centres in the UK, and compliments the Group’s state-of-the-art digital learning and workforce development technology, 3t Transform.

3t Energy Group is backed by Blue Water Energy, the specialist private equity firm. The purchase by 3t Energy is the Group’s fourth acquisition in three years, adding to its world-renowned group of advanced training businesses:

• 3t Transform (Learning technology & workforce development solutions)
• Survivex and AIS (in-person, technology-enabled training for onshore, offshore, renewable & industrial markets)
• Drilling Systems (Software based drilling simulation)

Kevin Franklin, CEO of 3t Energy Group, says: “Buying Petrofac’s UK in-person training presence was an excellent opportunity that we had to explore.  It allows us to extend our customer offering and demonstrates our commitment to providing the very best training to the energy industry.” 

He continues, “We’re proud that our state-of-the-art training makes our clients’ businesses safer, more efficient and more profitable. With Petrofac’s strong training pedigree and world-class staff, the acquisition both broadens and strengthens our market leading offer.”

Mark Corrigan, Chairman of 3t Energy Group, says: “This is a strategic acquisition for 3t Energy which will have a transformational impact on the Group. The deal expands our portfolio of services and our training now reaches most parts of the energy eco-system, including the fast-growing renewables sector. 

The deal also perfectly complements our market-leading digital learning and workforce development technology, which is 3t Transform. 

As we all hope the world returns to some normality after a tumultuous 2020, we believe there will be a huge opportunity for us to grow our business further as companies and individuals focus on upskilling and core competencies to meet the challenges of the post pandemic economy. This acquisition reinforces our capabilities as a leader in the sector.” 

-Ends-

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About 3t Energy Group 

3t Energy Group is the leading provider of training services & technology solutions to the Worldwide Energy industry and counts the likes of BP, Shell, Total, Wood, Saudi Aramco, Transocean, Valaris, Vantage Drilling, Bilfinger, Schlumberger and Robert Gordon University amongst its clients.

It is the number 1 provider of training to the UK Energy Sector, the number 1 provider of training into the UK offshore wind market and number 4 in the world. Its drilling simulation business is number 1 in the world.

The 3t Energy Group portfolio of companies includes AIS Training, Survivex, Drilling Systems, & 3t Transform.  Across its businesses, 3t Energy has offices in Europe, North America, China, and the Middle East.

3t Energy uses ground-breaking technology to deliver world-class, industry focused solutions across its three key pillars - Training, Simulators, and Training & Technology.

Survivex specialises in training energy sector delegates in survival, emergency response and industrial skills from its 52,000ft² facility near Aberdeen Airport. They have trained more than 350,000 individuals in North Sea safety standards across hubs in Scotland and Dubai, and 39 other locations worldwide.

AIS Training provides best-in-class specialist training for the offshore Oil & Gas, Wind Energy, and industrial sectors out of its state-of-the-art, 20-acre training facility in the North East.

Drilling Systems is the world’s leading provider of advanced drilling simulation technology for the Oil & Gas industry, helping to ensure delegates are well-practiced in operational procedures before they get on site. With over 30 years’ experience in Oil & Gas, it has deployed more than 1,100 cutting-edge simulators in over 60 countries.

3t Transform is a platform of cloud-based software and learning technologies that gives businesses and individuals alike the tools to manage, deliver and monitor training and competency that advances safety, compliance, and performance.

© Press Release 2021