New Tech Global & Sierra Hamilton

Jun 30, 2020

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New Tech Global & Sierra Hamilton Announce Company Merger

OIL & GAS SERVICE INDUSTRY LEADERS NEW TECH GLOBAL AND SIERRA HAMILTON ANNOUNCE COMPANY MERGER TO PROVIDE CONSULTANTS AND CLIENTS WITH LONG-TERM SUCCESS

Consolidation of Industry Leaders Positions New Tech Global for Long-Term Financial Stability and Unparalleled Expertise in E&P, Contract Operating, Midstream Operations and Staffing Services

HOUSTON, TX, June 30, 2020 – Oil and gas consulting service industry leaders New Tech Global and Sierra Hamilton today announced the merger and formation of a Joint Venture named NTGSH JV, LLC. These two great companies will combine to form one entity that will provide consultants with greater opportunities and globally provide 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. 

Effective July 1, 2020, Sierra Hamilton will now operate as New Tech Global and brings with them more than 50 years’ experience and global expertise as a provider of onsite consulting services, workforce solutions and asset management. New Tech Global, a leader in upstream oil and gas consultancy services for more than two decades, shares in Sierra Hamilton’s values and commitment to its people. New Tech Global will now have a platform for contract operating thru Sierra Hamilton’s Auburn Energy Management, LLC.

The merger combines two well-known teams into one exceptional company that offers its consultants a larger pool of resources and clients, more efficient billing and payment, and stronger overall support. The consolidation of two industry leaders ensures long-term financial stability and continued leadership across core focus areas of support for E&P and midstream operators and service companies. 

“This merger consolidation ensures long-term financial stability so that New Tech Global can continue to champion our consultants’ and our clients’ success,” said Larry Cress, founder and CEO of New Tech Global.  “Together, we are better equipped to compete globally and to team with and support the absolute best consultants. We look forward to collaborating with our consultants and our clients to provide an expanded base of opportunity across key geographies in the U.S. and worldwide.”  

Larry Cress, founder of New Tech Global, continues to serve as CEO of the company, and is responsible for overseeing the company’s overall direction. He will also serve as the Chairman of the Board of the new company. He brings nearly 45 years’ experience and an extensive knowledge in horizontal and under-balanced drilling operations to New Tech Global and its clients

Keith Grimes, formerly President of Sierra Hamilton, is now Chief Technical Officer and a board member of New Tech Global, overseeing the strategic integration of the two companies. His broad experience includes more than 30 years in a variety of domestic and international business leadership roles. 

“In our many decades of combined experience, we have become deeply aware that we cannot always control the things that happen to us, but we can control how we respond to best support our consultants and our clients,” said Keith Grimes, Chief Operating Officer of NTGSH JV, LLC. “The oil and gas industry faces significant challenges brought on in part by the COVID-19 pandemic, but we know that oil and gas will remain an important and affordable source of energy in the U.S. and around the world. Our talented teams and their dedication to excellence and superior service will continue to set New Tech Global apart from the competition.”

ABOUT NEW TECH GLOBAL

Recognized as one of the time tested consulting firms in the oil and gas services industry, New Tech Global is an international leader in project management and consultancy services. With our headquarters in Houston, TX, our firm provides outsourced technical services that are crucial to the economies and efficiency of today’s energy business. Our engineering staff and independent consultants are among the world’s leading experts and our commitment is to provide unparalleled support, knowledge and resources to every onshore, offshore and Deepwater operation and provide staffing services to multiple sectors at a very high level of competency.

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