IHRDC, an oil and gas industry training business, has acquired Invincible Energy, a U.K.-based petroleum training and consultancy company. Invincible offers a variety of petroleum trading, marketing and risk management programs on a public basis each year at Cambridge University, Geneva and Singapore. They also teach these programs on a private, in-house basis for companies worldwide. The terms of the deal were not disclosed.
“We really value the design of Invincible’s programs and the quality of its instructors, which is why we decided to make this acquisition.” said Dr. David Donohue, President of IHRDC. “They have an excellent reputation for teaching the fundamentals of the oil markets with practical exercises and real time access to market data. Their unique program design is very similar to our time-tested petroleum workshops that offer the best way to internalize learning. It is a win-win for us and our many common clients!”
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