Intetech’s proprietary software called iWIT provides customers with real time active management of oil and gas wells, which is important for complex wells, such as ultra deepwater, high pressure/high temperature, or with highly corrosive well products.

Wood Group Kenny chief executive Steve Wayman said the acquisition of Intetech is a strategic step for the group.

"It strengthens our business critical software portfolio and fits ideally alongside our highly differentiated consultancy services teams," Wayman added.

"We are seeing a growing client demand for well integrity and corrosion management technology especially in deepwater where wells are costly and challenging and in shale environments where numerous wells have to be drilled and operated efficiently.

"Intetech will be joining the Wood Group Integrity Management ("WGIM") area of the business and will be re-named Wood Group Intetech."