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BUSINESS

T.D. Williamson, SCF Partners declare investment partnership

06/07/2022 11:32 AM

KUALA LUMPUR, July 6 (Bernama) -- T.D. Williamson Inc (TDW), the global leader in pipeline infrastructure maintenance, and SCF Partners (SCF), an energy investment firm, have announced an investment partnership, whereby SCF has invested in TDW.

“With the global demand for energy and its evolving requirements placing significant operating and strategic challenges on the industry we serve, we are appreciative of the opportunity to work alongside SCF to further enhance and grow our service and support to our customers.

“We look forward to entering our second century of service to the energy industry with SCF as our partner and collaborator,” said Dick Williamson, Chairman Emeritus in a statement.

Founded in 1920, TDW has nearly 500 registered and pending patents and pioneered key technologies such as cleaning pigs, caliper inspections, and hot tapping and plugging which have been pivotal in keeping critical pipeline assets well maintained, safe, and operational around the globe.

“This partnership uniquely positions TDW’s market-leading brand and technology with SCF’s deep financial and strategic expertise, to create a strong, growth focused company for the future,” said Robert McGrew, President and CEO at TDW.

Meanwhile, Deviyani Misra-Godwin, Vice President at SCF said: “TDW is known for their world-class products and service, their focus on safety and integrity, and their innovative solutions that ensure critical energy products get to their end markets safely.

“We look forward to supporting TDW in continuing to service legacy assets, as well as leveraging their expertise and experience to build out and maintain the infrastructure that will be needed in the future for a successful energy transition.”

 With both onshore and offshore applications, TDW offers expansive pipeline maintenance and asset optimisation activities.

More details at www.tdwilliamson.com.

-- BERNAMA


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