FairfieldNodal to acquire UK-based provider of marine geopysical services

August 23, 2017

SUGAR LAND, Texas -- FairfieldNodal has announced that it is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the UK.

FairfieldNodal, known as an industry leader in marine seismic nodal technology, continues to seek opportunities to strengthen and expand its technology portfolio, and transform itself into a world-class provider of integrated life of field seismic services, data and data analytics over the next three to five years through a combination of strategic partnerships and acquisitions. WGP provides a unique set of adjacencies to complement FairfieldNodal’s existing technology and services, specifically its proprietary ZLoF semi-permanent reservoir monitoring technology,

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.