Team, Inc. Secures Multi-Year Upstream Mechanical Integrity and Inspection Contract from Chevron | State
SUGAR LAND, Texas, October 4, 2021 / PRNewswire / – Team, Inc. (“TEAM”) (NYSE: TISI), a leading global provider of asset performance management solutions, including digital activation, today announced that it has won a multi-year contract with Chevron Corporation (NYSE: CVX) to provide inspections, testing and analysis as part of their state-of-the-art mechanical integrity program.
“We look forward to the opportunity to expand our existing relationship with Chevron to incorporate their upstream assets into our Mechanical Integrity Solutions program,” said Amerino Gatti, Chairman and CEO of TEAM. “The award of this contract is the result of a long-term partnership and a history of successful collaboration. Our new Asset Integrity & Digital group will work closely with Chevron to provide technology inspection services and technical assessment solutions.
“We continue to see increasing demand from our upstream customers for TEAM’s service offerings as increased emphasis is placed on emissions compliance, maintaining wellhead integrity and elimination of emissions leaks. Our unique ability to provide an integrated integrity, reliability and mechanical repair solution, as well as leveraging our local presence, enables TEAM to be a leader in asset integrity and performance assurance, ”concluded Mr. Gatti.
As part of the contract, TEAM’s digital solutions business will integrate Chevron’s upstream assets into the OneInsight ™ platform, providing comprehensive integrity and reliability services that include preventative repair and remediation solutions on site.
About the team, Inc.
Based at Sugar Land, Texas, Team Inc. (NYSE: TISI) is a leading global provider of integrated and digital asset performance assurance and optimization solutions. We deploy conventional to highly specialized inspection, condition assessment, maintenance and repair services that improve the safety, integrity, reliability and operational efficiency of our customers’ most critical assets. With locations in more than 20 countries, we unite the delivery of technological innovation with over a century of progressive yet proven integrity and reliability management expertise to power a better future. For more information, please visit www.teaminc.com.
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