Houston, TX, July 29, 2024 – Gulf Companies, a leading player in the global oil and gas industry, is pleased to announce the successful acquisition of Summum Projects Mexico, a prominent engineering service company based in Mexico City, Mexico. This strategic move marks a significant step forward for Gulf Companies, expanding its footprint in the Latin American region and opening new avenues in the energy industry.
The acquisition of Summum Projects Mexico is a testament to Gulf Companies’ commitment to growth and innovation. Both companies share similar skill sets, values, and a common vision of delivering world-class energy and renewable energy infrastructure engineering services to clients across the globe.
Both entities have their own specializations that, when combined, provide a wider range of services to clients. Gulf Companies has served the global energy industry for 71 years, focused primarily on project management, engineering, procurement and construction management services for the upstream and midstream sectors of oil & gas.
Summum Projects Mexico has been providing project management, engineering, and construction inspection services for over 10 years in the Mexican market, primarily in the downstream sector of oil & gas and power generation sector. As a consolidated entity, our clients now benefit from an expanded array of expertise and have access to a broader spectrum of innovative technologies, reinforcing our commitment to delivering solutions that prioritize reliability, quality, and safety.
Gulf Companies’ CEO, Kent Wilfur, expressed enthusiasm about the acquisition, stating, “We are very excited about the acquisition of Summum Projects Mexico. This new addition to our company, combined with our recently opened office in Dubai, will help facilitate our continued growth in international markets. It further diversifies the services we are able to provide and will help us better serve our existing clients and attract new ones.”
Gulf Companies’ Managing Director for the LATAM Region, Daniel Hernández Trejo, states “This strategic acquisition marks a significant milestone in Gulf’s expansion efforts in Mexico and the LATAM region. Mexico’s thriving energy sector provides Summum with a very large pool of talented individuals and presents immense opportunities for growth. We are confident that this acquisition will not only enhance our market presence in LATAM, but also strengthen our position as the leading provider of pipeline and midstream engineering services in the USA.”