URS Expands Presence in Rocky Mountain Oil and Gas Market
With the acquisition of ForeRunner Corp. on Oct. 26, URS Corp.
immediately expanded its presence in the Rocky Mountain oil and gas sector.
ForeRunner, an engineering and construction management company that specializes in oil and gas projects, has approximately 150 employees and is headquartered in Lakewood, Colo.
The financial terms of the transaction were not disclosed.
ForeRunner provides project management, engineering, design and construction management services, primarily for the development of oil and gas pipelines and compression, storage and processing facilities.
The company has completed approximately 1,800 projects throughout the United States since 1996. ForeRunner complements URS’s expertise in environmental permitting and the design and construction of oil and gas production and storage facilities, processing plants, refineries and related infrastructure.
“With its talented professionals, relationships with Fortune 500 clients and strategic location near some of the nation’s largest natural gas and oil fields, ForeRunner enhances URS’s ability to pursue new opportunities and better serve existing clients in the oil and gas sector,” says Gary Jandegian, president of the URS Division.
URS Corp. is based in San Francisco and provides engineering, construction and technical services for public agencies and private sector companies around the world.
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