Monday, June 1, 2015

Acquisition strengthens oil and gas transmission operations business.

Energy Solutions International Holdings, Inc.(ESI) has been acquired by Emerson. ESI is a leading global supplier of decision support software and services that enhance operational efficiency, commercial profitability and safety across the oil and gas pipeline, storage, marketing and distribution functions.

This acquisition expands Emerson’s capability to provide complete solutions for automation and operations management throughout the oil and gas transportation industry. ESI’s integrated suite of operational management applications for pipeline modelling, leak detection and scheduling, together with its commercial applications for transactional accounting and inventory management are recognised for improving both operational efficiency and financial profitability. ESI will join Emerson Process Management and become part of the Remote Automation Solutions group, a leading global provider of oil and gas supervisory control and data acquisition (SCADA) and fiscal measurement solutions.

“Energy Solutions International’s leading position in these industries is a great strategic fit for Emerson Process Management’s oil and gas SCADA business,” said Craig Llewellyn, president of Emerson Process Management’s Remote Automation Solutions. “Our pipeline and terminal customers are facing increasing challenges to maintain safe operations and achieve financial success, and ESI together with Emerson allows us to offer a complete spectrum of automation and application solutions to help them achieve their goals.”

TengBeng Koid, ESI’s CEO, added “Joining a recognised technology leader with a global presence like Emerson represents a great opportunity for ESI to expand our business growth. ESI with Emerson is a powerful combination and together will enable us to solve our oil and gas transportation customers’ most difficult automation and operational challenges.”

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