Faithful+Gould and TIEC Take API Q2 Compliance Mainstream with ieAssurance Joint Venture

NEW YORK, Dec. 17, 2012 /PRNewswire/ -- North America-based leading project management consultancy, Faithful+Gould, and TIEC announces the formation of its new joint venture International Energy Assurance (ieAssurance), aimed at meeting the market demand for compliance with the latest industry standards for quality management systems from the American Petroleum Institute (API).

ieAssurance was formed following months of planning and discussion between Faithful+Gould, TIEC and the parent company of Faithful+Gould, Atkins, who together have recognized the industry need for quality management services and training for compliance and quality assurance standards in the energy industry. This joint venture will service all sectors of the industry supply chain, for oil and gas owners, operators, service providers and vendors.

Jim Grindinger, the managing director of the joint venture, said, "We are excited about this opportunity with TIEC to lead the delivery of these important services to the Oil & Gas industry. We recognize that the API Q2 program is expected to transform quality standards in a booming upstream energy market. The complementary nature of Faithful+Gould's and TIEC's individual expertise will be a driving force in working with energy clients and the industry's compliance standards."

Formation of ieAssurance allows clients to draw on the training, resources and complete range of specialized energy sector compliance skills of both Faithful+Gould, with its energy sector expertise and project assurance service offerings, and TIEC, with its long history of quality compliance and upstream experience.

Ed Durante, TIEC president, said, "TIEC is excited about partnering with Faithful+Gould to bring our service offerings to a new level. Utilizing the combined strengths of each organization we anticipate building the strongest, most comprehensive quality and business management consultancy available to the Oil & Gas industry.  Building on more than 30 years of experience with API and active participation in the development of API Specification Q2 'Quality Management System Requirements for Service Providers in the Oil & Gas Industry' we bring a thorough understanding of the requirements to assure our clients that they fully comply with the new requirements."

Additionally, ieAssurance will provide related compliance services including system integration expertise, enterprise and project management system solutions, and field service and rig preparatory audits.

For more information about the ieAssurance joint venture, please contact Jim Grindinger at james.grindinger@fgould.com or Mark Harris at mharris@tiec.com.

NOTES TO EDITORS Faithful+Gould (www.fgould.com) is a leading project management consultancy protecting and maximizing our clients' interests in the planning and delivery of projects.  Operating at the forefront of our industry, we have been providing quality support services and our constructive expertise to the public and private sectors for more than 60 years. We are headquartered in New York and have a team of more than 550 experts in offices across North America engaged with our clients and delivering successful projects, regardless of the size, environment or industry. Faithful+Gould is a member of the Atkins (www.atkinsglobal.com) group of companies, one of the world's leading engineering and design consulting firms.

Texas International Engineering Consultants (TIEC) (www.tiec.com) was established in 1991 to provide training, consulting, auditing and special processes qualification for the development and improvement of quality management systems. With 35 years of experience, the company provides assistance in the development, implementation and maintenance of Quality Management Systems in compliance with industry standards (API, ISO, ASME, AS, QS) leading to system certification and/or product licensing. TIEC has extensive international experience working with large & small manufacturing and service companies worldwide.

SOURCE Faithful+Gould



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