Intertek Group has acquired Profitech (UK), a provider of mathematical software modeling services to the oil and gas industry.
Offshore staff
LONDON -- Intertek Group has acquired Profitech (UK), a provider of mathematical software modeling services to the oil and gas industry. The companies have worked together on projects using Profitech's advanced non-linear chemometrics software package, PT5.
“Acquiring Profitech was the next logical step for Intertek,” says Colin Stewart, MD for Intertek Aberdeen upstream services, “The PT5 Technology can be deployed across the entire crude oil supply chain, from crude oil production to pipeline, refining, and biofuel activities, benefiting a wide range of clients.”