SUGAR LAND, Texas, Oct. 4, 2021 /PRNewswire/ -- Team, Inc. ("TEAM")
(NYSE: TISI), a leading global provider of asset performance
management solutions including digital enablement, announced today
that it has been awarded a multi-year contract from Chevron
Corporation (NYSE: CVX) to provide inspection, testing and
analytics as part of their industry-leading mechanical integrity
program.
"We are looking forward to the opportunity to expand upon our
existing relationship with Chevron to incorporate their upstream
assets into our mechanical integrity solutions program," said
Amerino Gatti, TEAM's Chairman and
Chief Executive Officer. "This contract award is a result of a
long-term partnership and track record of successful collaboration.
Our new Asset Integrity & Digital Group will work closely
with Chevron to provide technology-enabled inspection services and
engineering assessment solutions.
"We continue to see growing demand from our upstream clients for
TEAM's service offerings as increased importance is placed on
emissions compliance, maintaining wellhead integrity, and
eliminating emissions leaks. Our unique ability to provide an
integrated solution of integrity, reliability and mechanical
repair, as well as leveraging our local presence, allows 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 OneInsightâ„¢ platform,
providing comprehensive integrity and reliability services that
include preventative on-site repair and remediation solutions.
About Team, Inc.
Headquartered in Sugar Land,
Texas, Team Inc. (NYSE: TISI) is a global leading provider
of integrated, digitally-enabled asset performance assurance and
optimization solutions. We deploy conventional to highly
specialized inspection, condition assessment, maintenance and
repair services that result in greater safety, integrity,
reliability and operational efficiency for our client's most
critical assets. Through 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 fuel a better tomorrow. For more information, please
visit www.teaminc.com.
Contact:
Kevin
Smith
Senior Director, Investor Relations
(281) 388-5551
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SOURCE Team, Inc.