Subsurface Group, Inc. Joins Parsons Brinckerhoff

  Subsurface Group, Inc. Joins Parsons Brinckerhoff

Business Wire

NEW YORK -- January 3, 2013

George J. Pierson, President and CEO of Parsons Brinckerhoff Group Inc., today
announced that Subsurface Group, Inc. has joined PB Energy Storage Services in
the US Power and Energy Division of Parsons Brinckerhoff, the 14,000-person
global professional services firm specializing in infrastructure planning,
design, program/construction management and engineer/procure/construction
services.

Subsurface Group is a professional consulting and engineering firm providing
services in underground injection, underground storage, specialty wells,
petroleum and natural resources, and environmental science. Headquartered in
Houston, Texas, the group also has offices in Baton Rouge, Louisiana and South
Bend, Indiana. In its 2012 fiscal year, the 37-person Subsurface Group had
revenues of approximately $50 million.

Said Mr. Pierson, “We are pleased to have the Subsurface Group as part of
Parsons Brinckerhoff. The Subsurface Group’s recognized expertise in
underground injection and specialty wells complements Parsons Brinckerhoff’s
recognized expertise in underground storage for oil & gas, energy, and
industrial clients.”

Joseph Sheldon, the President and co-owner of Subsurface Group stated, “As
part of our ownership transition plan, we are pleased to know that our
employees will be part of an organization which is dedicated to technical
excellence and will offer them career opportunities moving forward.”

John Fleniken, Vice President and co-owner of Subsurface Group stated, “The
complementary skill sets of both groups will combine to provide a unique and
robust full service offering to our clients in the oil & gas, chemical, and
industrial markets.”

In a letter to all employees of Parsons Brinckerhoff and Subsurface Group sent
today, Mr. Pierson stated, “The addition of Subsurface Group as a new part of
our U.S. Power and Energy Division aligns with our strategic goal of expanding
the services we can provide to the energy market.”

Parsons Brinckerhoff is a leader in developing and operating infrastructure
around the world, with approximately 14,000 employees dedicated to meeting the
needs of clients and communities in the Americas, Europe, Africa, the Middle
East, Asia, and Australia-Pacific regions. Parsons Brinckerhoff offers skills
and resources in strategic consulting, planning, engineering,
program/construction management, and operating for all modes of
infrastructure, including transportation, power, community development, water,
and the environment (www.pbworld.com). Parsons Brinckerhoff is the
professional services arm of Balfour Beatty plc, the international
infrastructure Group operating in professional services, construction
services, support services, and infrastructure investments.

Contact:

Parsons Brinckerhoff
Judy Cooper, 212-465-5332
 
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