Emerson acquires Energy Solutions International
Emerson has announced its acquisition of Energy Solutions International (ESI), a global supplier of decision support software and services that are said to enhance operational efficiency, commercial profitability and safety across the oil and gas pipeline, storage, marketing and distribution functions.
The acquisition of ESI 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 claimed to improve both operational efficiency and financial profitability.
ESI will join Emerson Process Management and become part of the Remote Automation Solutions group, a global provider of oil and gas supervisory control and data acquisition (SCADA) and fiscal measurement solutions. According to the president of the group, Craig Llewellyn, “Energy Solutions International’s leading position in these industries is a great strategic fit for Emerson Process Management’s oil and gas SCADA business.
“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.”
ESI CEO TengBeng Koid added, “Joining a recognised technology leader with a global presence like Emerson represents a great opportunity for ESI to expand our business growth. ESI together with Emerson is a powerful combination and … will enable us to solve our oil and gas transportation customers’ most difficult automation and operational challenges.”
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