Oil & Gas Service Industry Leaders New Tech Global and Crescent Announce Combination to Provide Consultants and Clients with Long-Term Success

Apr 2, 2024

Businessmen,Making,Handshake,With,Partner,,Greeting,,Dealing,,Merger,And,Acquisition,

Consolidation of Industry Leaders Positions Them for Long-Term Financial Stability and Unparalleled Expertise in E&P Engineering and Consulting, Contract Operating, Environmental Services and Staffing Services

HOUSTON, TX, April 1, 2024 – Oil and gas consulting service industry leaders, New Tech Global (NTG) and Crescent Consulting, announced today that they have combined into one of the largest consultancy and workforce management solutions provider to the oil and gas industry. The combination of these two great companies will provide consultants with greater opportunities and a larger base of quality people for E&P companies, midstream operators, oilfield service companies and other outsourced employees in a variety of other sectors.
Both companies have long-standing consultant and client relationships within the industry, both domestically and internationally. The complementary geographies and customer fit will enhance process efficiencies for an even better experience.

Moving forward, NTG will manage the combined operations, leveraging over 35 years of operations in providing onsite consulting services, workforce solutions, and asset management. All Crescent employees will become a part of the NTG family and continue to service consultants and clients from their home office in Oklahoma City.

Larry Cress, as Chairman of the Board shared, “We are excited to announce the acquisition of Crescent Consulting et al, primarily located in Oklahoma City. By adding this team of quality employees and consultants, New Tech Global continues to build strategically, as a top tier provider of manpower in the US.  New Tech is actively pursuing other opportunities wherever it makes ‘good sense’, to grow our brand and provide qualified personnel to our clients globally”.
Keith Grimes, CEO of NTG, will continue to serve as CEO of the combined company and will be responsible for overseeing the company’s overall direction.

Colley Andrews, Crescent’s Founder and Managing Partner, steps into the role of Executive Advisor at New Tech Global, overseeing the strategic amalgamation of both entities. With over 30 years of diverse leadership experience, his guidance is invaluable.

ABOUT NEW TECH GLOBAL
New Tech Global (NTG Ventures, LLC; NTG Rig Personnel, LLC; NTG Environmental, NTG Staffing and New Auburn Energy Management, LLC) was founded in 1998 and is based in Houston, Texas. NTG is a leader in oil and gas upstream consulting and manpower services, engineering and project management, environmental and regulatory services that are crucial to the economies and efficiency of today’s energy business.

ABOUT CRESCENT
Crescent (Crescent Consulting, LLC; Tradesmen Direct, LLC: Chief Services, LLC; CVM Management, LLC) was founded in 2006 and is based in Oklahoma, City, Oklahoma. Crescent provides quality contract supervision, engineering and project management services to the Oil and Gas upstream business throughout the USA.

New Tech Global has been in the oil and gas consulting industry for over 20 years specializing in engineering, project management and well site supervision. Over the years, as requested by some of the largest oil/gas operators and service companies in the world, we’ve expanded our business from consultancy services to staffing as well. We provide W-2 contractors too many different industries including oil/gas, energy, petrochemical, manufacturing, industrial, construction, and medical. NTG has offices in Houston, Midland, Fort Worth, Denver, and Canonsburg, PA as well as international offices in Mexico City and Dubai.

Considering NTG’s reputation in the oilfield along with our success in staffing, we would be a great staffing partner for any company. We have structured our Recruiting group to strategically best serve the needs of our clients. We have taken our knowledge of the high demand, technical experience and 24 hour service of the oilfield and have been able to adapt to other industries.

With our combined recruiting experience in and out of the oil/gas industry, we are able to provide our clients a diverse level of support in supplying candidates for the following disciplines: Manufacturing, Skilled Trades, Procurement, Maintenance, HSE/Quality, Engineering, Field Technicians, IT, Accounting/Finance, HR, Marketing, Executive Suite and Administrative. NTG is considered a national vendor for several of our clients and we have contractors in 40 states.

NTG Staffing provides complete onboarding services

Client Experience:

NTG provides to your company a personal approach. Our relationship is built on trust and reliability. We strive to surpass the client’s expectations in multiple ways: we look for technically sound, driven individuals that match your company’s culture.
NTG will tailor our recruiting efforts to your needs. For example, our team will prescreen the candidate(s) and determine if they are the right fit for the company and position. The hiring manager will receive a full candidate description highlighting the relevant skills related to the job. If the client would like to proceed with an interview, NTG will assist in coordinating the interview with both parties. We pride ourselves in being thorough. We interview all of our candidates and only present those who fit the requirements of your positions.
Other services include weekly updates to the hiring managers, reference checks, onboarding prescreening assessments and offer negotiations.

NTG Staffing provides complete onboarding services
NTG Staffing provides complete onboarding services

Client Experience:

NTG provides to your company a personal approach. Our relationship is built on trust and reliability. We strive to surpass the client’s expectations in multiple ways: we look for technically sound, driven individuals that match your company’s culture.
NTG will tailor our recruiting efforts to your needs. For example, our team will prescreen the candidate(s) and determine if they are the right fit for the company and position. The hiring manager will receive a full candidate description highlighting the relevant skills related to the job. If the client would like to proceed with an interview, NTG will assist in coordinating the interview with both parties. We pride ourselves in being thorough. We interview all of our candidates and only present those who fit the requirements of your positions.
Other services include weekly updates to the hiring managers, reference checks, onboarding prescreening assessments and offer negotiations.

NTG Staffing provides complete onboarding services

Recruiting Services include:

  • Temporary Services
  • Temp-to-Perm Services
  • Payrolling Services (NTG is currently the National Payrolling Provider for some of the largest Operators and Project based services
  • Volume Recruiting Campaigns
  • Client Hiring Events
  • RPO (Recruitment Process Outsourcing) and Onsite Assistance
  • Direct Placements & Confidential Searches
  • All payroll services included
  • FLSA driven conversion needs (1099 conversions to W-2)

NTG Staffing provides complete onboarding services:

  • New Hire paperwork (applications, W-4s, I-9 Verifications, drug/alcohol pre-screenings, background checks). NTG is an E-Verify company.
  • Weekly or bi-weekly payroll
  • Online portal for timesheet approvals and submittals
  • Online portal for employees to retrieve check stubs via Payroll system
  • Direct Deposit
  • Medical Benefits provided to contractors (eligibility on the first day of the month following 60 days of full time employment)
  • 401K provided to contractors after 90 days of full time employment, after one year (100% match on the first 3%; 50% on the next 2%)
  • Online benefits portal (contractors can elect their coverage, access to 24 hour help desk for benefit related questions)
  • NTG covers Worker’s Compensation Insurance
  • Federal/State taxes
  • Unemployment
  • General Liability coverage
  • Payroll processing fees

Recruiting Services include:

  • Temporary Services
  • Temp-to-Perm Services
  • Payrolling Services (NTG is currently the National Payrolling Provider for some of the largest Operators and Project based services
  • Volume Recruiting Campaigns
  • Client Hiring Events
  • RPO (Recruitment Process Outsourcing) and Onsite Assistance
  • Direct Placements & Confidential Searches
  • All payroll services included
  • FLSA driven conversion needs (1099 conversions to W-2)

NTG Staffing provides complete onboarding services:

  • New Hire paperwork (applications, W-4s, I-9 Verifications, drug/alcohol pre-screenings, background checks). NTG is an E-Verify company.
  • Weekly or bi-weekly payroll
  • Online portal for timesheet approvals and submittals
  • Online portal for employees to retrieve check stubs via Payroll system
  • Direct Deposit
  • Medical Benefits provided to contractors (eligibility on the first day of the month following 60 days of full time employment)
  • 401K provided to contractors after 90 days of full time employment, after one year (100% match on the first 3%; 50% on the next 2%)
  • Online benefits portal (contractors can elect their coverage, access to 24 hour help desk for benefit related questions)
  • NTG covers Worker’s Compensation Insurance
  • Federal/State taxes
  • Unemployment
  • General Liability coverage
  • Payroll processing fees

Recruiting Services include:

  • Temporary Services
  • Temp-to-Perm Services
  • Payrolling Services (NTG is currently the National Payrolling Provider for some of the largest Operators and Project based services
  • Volume Recruiting Campaigns
  • Client Hiring Events
  • RPO (Recruitment Process Outsourcing) and Onsite Assistance
  • Direct Placements & Confidential Searches
  • All payroll services included
  • FLSA driven conversion needs (1099 conversions to W-2)

NTG Staffing provides complete onboarding services:

  • New Hire paperwork (applications, W-4s, I-9 Verifications, drug/alcohol pre-screenings, background checks). NTG is an E-Verify company.
  • Weekly or bi-weekly payroll
  • Online portal for timesheet approvals and submittals
  • Online portal for employees to retrieve check stubs via Payroll system
  • Direct Deposit
  • Medical Benefits provided to contractors (eligibility on the first day of the month following 60 days of full time employment)
  • 401K provided to contractors after 90 days of full time employment, after one year (100% match on the first 3%; 50% on the next 2%)
  • Online benefits portal (contractors can elect their coverage, access to 24 hour help desk for benefit related questions)
  • NTG covers Worker’s Compensation Insurance
  • Federal/State taxes
  • Unemployment
  • General Liability coverage
  • Payroll processing fees