News

Ingenious Inc signs Joint Venture (JV) Agreement with leading Saudi Engineering Company

HOUSTON (September, 2011) – Ingenious Inc has signed a Joint Venture Agreement (JVA) with NORISC to jointly grow their business in Saudi Arabia and the gulf region. NORISC is a sister company of Arabian Consulting Engineering Center (ACEC), a well-established Saudi Aramco approved GES Contractor, with strong connections and relationships with all key players in the industry. This JV will be known as Bugshan Al Sofi Ingenious Company or BASIC, in reference to the major owners of the JV. The purpose of JV is to provide advanced solutions and process engineering services to the Saudi oil & gas, process & energy & utility industry.  The scope of these services include, but are not limited to, process engineering & simulation, process safety management, training simulators, e-learning, real-time performance monitoring, optimization & operations manuals.

“We are eager to utilize Ingenious’ expertise in providing world class engineering services and providing state-of-the-art software tools.  We anticipate that this relationship will invigorate our business prospects and drive us towards being among the best engineering companies in the region” commented Mohammad Sofi, Executive Managing Partner of ACEC.

“We are really excited about this Joint Venture. NORISC and ACEC are well respected organizations with years of experience and history in the Middle East region. It’s a perfect partnership that leverages our engineering and technology capabilities. Saudi Arabia is a key region of growth for the process industry and we look forward to becoming a significant player serving that region,” noted Vibhu Sharma, Chairman & CEO of Ingenious Inc.

About NORISC & ACEC

ACEC was founded in Riyadh, K.S.A. on 01/12/1399 H (1979) by Mr. Abdullah Ahmed Bugshan to perform general engineering and architectural services in the Kingdom of Saudi Arabia and other Gulf countries.  The Eastern Branch of ACEC which has been converted to ACEC Co. specializes in engineering and design services to the oil & gas (on/offshore), chemicals/petrochemicals, refining, power/cogeneration, desalination, industrial and infrastructure sectors, with a staff of over 150 professionals and support personnel in its Al-Khobar office. It is one of the larger In-Kingdom engineering companies serving industrial clients in Saudi Arabia. The Group is a well-established Saudi Aramco approved GES Contractor, with good connections and working relationships with all key players in the industry. For more information, please visit www.acec-sa.com.

About Ingenious 

Ingenious Inc provides Smart Technology and Consulting services to Chemical, Oil & Gas and Energy industries globally. Our focus areas include training simulators, e-learning, real time performance monitoring, strategic planning, process engineering and process safety management services. Ingenious serves over 150 clients globally, including several Fortune 500 companies, via its 4 global office locations. For more information, please visit www.ingeniousinc.com.  For media relations, please contact Vibhu.sharma@ingeniousinc.com.