NES Global adds Frontica Advantage to portfolio

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NES Global adds Frontica Advantage to portfolio

NES Global Talent (NES) is pleased to announce it has entered into a definitive agreement with Akastor ASA, a leading oil service investment company, to add their Frontica Advantage (Advantage) business to its portfolio.

NES provides a range of contract and permanent talent solutions to the Oil & Gas, Power, Construction & Infrastructure, Life Sciences, Manufacturing and IT sectors worldwide. Advantage, a subsidiary of Frontica Group, is also a well-respected global human capital solutions provider to the oil & gas market, providing contract and permanent recruitment, managed services, global mobility, and outplacement for over 12 years.

Akastor will become a shareholder in the combined company. The combination creates a global leader in staffing services to the oil and gas industry.

Tig Gilliam, CEO, NES Global Talent comments: “We are delighted to welcome the Advantage team to the NES Global Talent family. With this acquisition, we look forward to bringing the full resources of NES to Advantage clients on a global basis. In this most challenging market for Energy clients, geographic scope and breadth of capability is essential to deliver operational excellence and efficiency to our contractors and clients. Adding Advantage to the NES proposition further strengthens our leading position in the human capital solutions market for top engineering talent”.

Kristian Røkke, CEO of Akastor, adds: “NES and Advantage are complementary businesses and form a powerful combination that will benefit our customers going forward with NES’s global operating platform,” says Kristian Røkke, CEO of Akastor. “This transaction will create a larger, more diversified business that will be better positioned for a stronger future than could be achieved on a stand-alone basis.”

Due to the strong business and brand reputation Advantage hold, NES Global Talent advised that there are no immediate changes to their operations and both businesses will continue to operate without disruption to customers or contractors.

Source: www.nesglobaltalent.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.