Graham Construction to acquire oil & gas maintenance and turnaround services business from AECOM.

Graham Construction, a construction company providing engineering & construction solutions, agreed to acquire oil & gas maintenance and turnaround services business from AECOM, an infrastructure consulting firm, delivering professional services. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the second quarter of fiscal year 2022. Financial terms were not disclosed. “Today’s announcement furthers the execution of our strategy to focus our efforts exclusively on our higher-margin and lower-risk Professional Services business. I thank the leadership and employees of the Oil & Gas maintenance and turnaround services team for their efforts over the years and wish the business the best of success in the future," Troy Rudd, AECOM CEO.