Pelican Energy Consultants is undertaking a $5 million expansion of its engineering center and corporate headquarters in Madisonville, creating 195 direct jobs paying an average $90,000 per year, plus benefits.

The company provides engineering and project management services to the energy industry. It already employs 158 people in Louisiana: 86 engineering center employees and 27 corporate employees in Madisonville and 45 people at its Metairie engineering center.

Pelican will begin filling professional positions immediately and will hire the 195 new employees by the end of 2018. The company plans to complete its 35,000-square-foot office expansion by the end of 2018.

The announcement was made Monday by CEO Kenny Bogle and Gov. Bobby Jindal.

The Louisiana Economic Department estimates the project will result in an additional 280 new indirect jobs, while keeping Pelican’s headquarters in Madisonville.

The company also operates offices in Houston and Accra, Ghana.

A significant driver of the company’s growth is its focus on engineering services in CO2 enhanced oil recovery.

Bogle founded Pelican Energy Consultants in St. Tammany Parish in August 2005, two weeks before Hurricane Katrina struck the Gulf Coast.

“Many in the oil and gas industry are tempted to explore the Houston market as an option for an international headquarters,” Bogle said. “We believe that our purpose, which is to create a platform for people to improve their quality of life, is steeped in the vision of Louisiana.”

To secure the project, the state offered Pelican the services of FastStart, the state’s workforce development program, and the company is expected to use Louisiana’s Quality Jobs Program. LED’s Business Expansion and Retention Group began discussing expansion plans with Pelican Energy in September 2012.

“Pelican Energy’s decision to expand in Greater New Orleans marks a changing tide for energy companies who are considering where to locate and expand,” said Michael Hecht, president and CEO of Greater New Orleans Inc. “This headquarters expansion proves that Greater New Orleans is the smart choice for energy companies looking to grow and prosper.”

“This project will provide a platform for the continued growth of the oil and gas industry and will continue moving our economy forward for years to come,” Jindal said.

Brenda Bertus, CEO of the St. Tammany Economic Development Foundation, said the “EDF has worked with Pelican Energy Consultants for several years now and has watched this company develop into a national player in the energy field. As they experience one of their largest expansions, they will more than double employees in the upcoming years ….”