Faithful+Gould Forms New Energy Business Stream

August 15, 2007

NEW YORK, Aug. 14 /PRNewswire/ -- Faithful+Gould, a U.S. based construction consulting and project management firm, has recently grouped its Upstream Oil & Gas and Downstream Refining & Chemicals sectors, along with Alternative Energy, Power and Infrastructure/Pipelines to form a new business stream - Energy. With a global focus on new forms of energy, Faithful+Gould will showcase its commitment to supporting the need to consider alternative energy sources with an increasing focus on environmental impacts. Senior Vice President, Trevor Green will lead the Energy sector based in the Houston, TX regional office. "We have been providing services to oil and gas, petrochemical, pipelines/infrastructure, and power industries in the U.S. for many years. Many of these industries now share the same Owners / Clients and the grouping of these business streams can be categorized more succinctly, as Energy," stated senior vice president, Trevor Green. Green added, "Many of the Oil majors have diversified into a wide range of alternative energy production. Our restructuring mirrors developments in their organizations, which, in turn, helps us to provide support in their new areas of capital spend." The majority of Faithful+Gould's work in the Energy sector has been in the upstream, midstream, and downstream markets, but within the last year, the company has seen more interest from alternative energy and power clients.

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