Singapore-based International Refinery Services (IRS) is the latest addition to Germanischer Lloyd (GL). With the acquisition of the asset management expert company, the GL Group expands its service portfolio for the petroleum, oil and gas industry yet again.

“IRS adds substantial expertise in risk management and capacity of advanced inspection techniques,” said Pekka Paasivaara, Member of the Executive Board GL. Previous acquisitions in Great Britain, Canada, the U.S. and Malaysia over the past eighteen months have strengthened the technical portfolio of the GL Group considerably. With the additional expertise of IRS, Germanischer Lloyd will now be able to further extend its network and service portfolio especially in Australia, Singapore, the Philippines and the Asia-Pacific region.

Picture: At the press conference: (from left to right) Douglas Pauling, Managing Director IRS; Pekka Paasivaara, Member of the Executive Board Germanischer Lloyd; Bruno Solinas, Regional Director Asia/Pacific Industrial Services

Source: https://www.gl-group.com/presse/7384.php[Germanischer Lloyd]