Group 42 Buys Texas Oilfield Fabrication & Pipeline

Group 42 Buys Texas Oilfield Fabrication & Pipeline

TOFP is now a subsidiary of San Antonio-based Group 42’s Well Flow Oilfield Services Holdings

SAN ANTONIO — Group 42 CEO Paul A. Bell announced today the addition of Texas Oilfield Fabrication & Pipeline (TOFP) to the Group 42 family of companies. The purchase by U.S. subsidiary Well Flow Oilfield Services Holdings adds pipeline and fabrication services to Group 42, expanding its footprint substantially in the U.S.

Group 42 is an energy-focused holding company based in San Antonio. Its subsidiaries include Well Flow International whose specialty chemicals and services support enterprise class producers in the Arabian Gulf, North Sea and West Africa, as well as North America.

Group 42’s purchase of TOFP is part of its long-term strategic plan and provides a platform to expand domestic operations to customers in North America. Group 42 intends for TOFP to be key to taking advantage of the more rapid recovery of the domestic energy sector by building a complete range of well site and pipeline construction services. Well Flow will continue to focus efforts on the sale of its specialty chemicals that have been provided to enterprise class and international energy exploration companies for more than 30 years.

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Rivard Report Features Group 42's Corporate Art Collection, Investment in Culture of Creative Thinking

Nancy Cook-Monroe of the Rivard Report published an article featuring outstanding corporate art collections of San Antonio businesses and featured Group 42. The article, “Corporate Collections Show Art Can Be Good Business”, was featured in the July 10, 2017, issue of the Rivard Report, which is San Antonio’s leading local online daily news source that focuses on government and politics, education, arts and culture, and business and technology.

Excerpt taken from "Corporate Collections Show Art Can Be Good Business" taken from the July 10, 2017, issue of the Rivard Report:

 Nowart’s artwork “Van Gogh” is displayed in the Group 42 office. Photo by Bonnie Arbittier of the Rivard Report.

Nowart’s artwork “Van Gogh” is displayed in the Group 42 office. Photo by Bonnie Arbittier of the Rivard Report.

When Group 42, an energy-focused holding company, moved its offices to the Pearl, President and CEO Paul Bell saw the new space as a place to “showcase local artistic talent as an investment in a culture of creative thinking.” The offices include artwork by  local and international artists, including Rudy Choperena, Ansen Seale, Larry Graeber, Martha Durke, Ben Mata, and the late Reginald Rowe. Even the furniture is art. To furnish a three-sided meeting room, Harold Wood designed a triangular conference table using 400-year-old reclaimed wood handcrafted without nails or glue by cabinetmaker John O’Brien.

“We work with a lot of people internationally, and the art gives a nice talking point about our progressive culture and support of local artists,” Bell said. “Also, it’s a very calming and clean space, and employees appreciate that.”

San Antonio-based art curator Allison Hays Lane consulted with Bell and his wife, Audrey Mangold, and his brother Chris Bell, on the collection, making purchases in Basel, Switzerland, New York, Dubai, Berlin, and London. They also agreed on acquiring works on paper from national presses “to give a mixed-media feel to the art program,” Lane said.

“I like working with clients like Paul and Audrey who have an excellent art compass, but also enjoy pursuing new avenues and are willing to take a chance,” Lane said.

As an energy-focused holding company based in San Antonio, Texas, Group 42 enables its international subsidiaries to provide production enhancing chemical and mechanical solutions to oil and gas companies worldwide.

Group 42 is committed to supporting the San Antonio community including the arts and the development of future business leaders that share in a vision for progressive and sustainable community-wide growth.

Group 42 Announces Appointment of Senior Staff Accountant

Lori Gorry

Group 42 has named Lori Gorry as its Senior Staff Accountant, effective March 6. Gorry is responsible for providing financial, audit and budget support for the company, as well as to report financial information and variance analysis.

Prior to joining Group 42, she was a Business Development Manager at Creative Financial Staffing, where she managed new accounts for the company. She also held multiple Accounting-related positions at Xenex Disinfection Services. In those roles, she oversaw internal accounting and payroll services, full-cycle accounts payable and receivables, human resources systems and financial reporting.

Lori received her B.B.A. in Business Administration and Management from Texas State University in 2010.

Business Journal on Group 42-Sponsored Initiative, Choose San Antonio, "Casa San Antonio returning to SXSW"

Editor-In-Chief of the San Antonio Business Journal, Tony Queseda, published an article focusing on Group 42-sponsored initiative, Choose San Antonio, and the organization's annual campaign at SXSW. The article, “Casa San Antonio returning to SXSW”, was featured in the February 3, 2017, issue of the San Antonio Business Journal, a regionally-anchored branch of the American City Business Journals (ACBJ). The ACBJ is the largest publisher of metropolitan business newsweeklies in the United States, with 43 business publications across the country reaching more than 3.6 million readers each week.

Excerpt taken from "Casa San Antonio returning to SXSW" taken from the February 3, 2017, issue of the San Antonio Business Journal:

Choose San Antonio, a nonprofit dedicated to promoting this city’s opportunities and lifestyle to millennials and GenXers, will return this year to South By Southwest with its second installment of Casa San Antonio.

The annual festival in Austin is among the most well-stocked ponds for an organization like Choose San Antonio to fish for young talent.

Casa San Antonio, which will host three days of official and unofficial events during the festival, will be housed in a new venue for 2017 — a place called Half Step at 75 1/2 Rainey St. in Austin’s Rainey Street Historic District. In all, Casa San Antonio plans to host 11 sessions, 15 speakers and four marque SXSW events, which are aimed at showcasing the Alamo

City’s startup, entrepreneurship, tech and cybersecurity communities.

Meanwhile, Choose SA community partners are expected to host up to 15 networking events.

For information about how to get involved in Casa San Antonio, contact Christian Reed-Ogba at [email protected] or Meghan Oswald at [email protected].

Choose San Antonio this week also launched a year-long social campaign called #iChooseSA, meant “to encourage San Antonio natives, transplants and boomerang community members to share their civic pride on Facebook, Twitter, Instagram and Snapchat.”

Choose San Antonio was co-founded in 2015 by local business leaders Eric Bell and Kevin Peckham with initial funding and support coming from Group 42 and Lightning Jar.