With these two steps, Tauw is further expanding its
position as environmental consultant for the international Oil & Gas
Industry. Tauw foresees great opportunities in particular in the transition
from oil to multi energy sources, and accompanying decommissioning and
remediation services of traditional refineries.
STEAM is specialized in Environmental Impact Studies and environmental
permits for sectors such as the Oil & Gas and Chemicals Industry.
Founded in 1987 and based in Pisa, this consultancy currently employs
fifteen staff. Tauw has had its own branch office in Italy since 2000. Its
Milan office comprises 20 staff and holds a strong position in environmental
due diligence, soil & groundwater, in sectors including the chemical,
automotive and food sector. Both companies have been working closely
together for the past two years.
It is the intention of Tauw Italia to acquire a majority interest in STEAM
in the coming years. Tauw is aiming to become a top player in the Italian
environmental consultancy market. In order to realize this goal, Tauw Italia
plans to substantially expand and improve their visibility in the Italian
market over the coming three years. The focus will be on the multinational
industry, in particular the international Oil & Gas
industry.
Therefore Tauw Group set up Tauw Oil & Gas last week. This new
subsidiary, located in Sicily, will be focussed on the international Oil
& Gas industry in both Europe and the Middle East. Sicily holds a
key position in the European Oil & Gas industry. This industry is facing
an important transitional phase, states Bram de Borst, CEO of Tauw
Group.
'The Oil & Gas industry is characterized by a large number of
traditional refineries. Due to the transition to cleaner and renewable
technologies, large numbers of power plants worldwide will have to be
renovated, reconverted and replaced by new multi-energy facilities. In the
Oil & Gas industry large investments are made in the development of
renewable energy and other alternative fuel solutions. For such projects
highly skilled, environmental expertise is required. Tauw has this expertise
and experience. It is consequently a great opportunity for us to assist the
industry in this major transition.'
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