Shearwater completes acquisition of Schlumberger marine seismic business

WesternGeco’s survey vessel Amazon Conqueror Photo: Tonic WesternGeco’s survey vessel Amazon Conqueror

Shearwater GeoServices Holding has completed the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger.

The transaction worth US$600 million has increased Shearwater’s fleet of seismic vessels to 14.

Shearwater now also holds a portfolio of proprietary technologies and inhouse processing software acquired from WesternGeco.

Last modified onTuesday, 20 November 2018 14:56

Sign up to the FREE Work Boat World newsletter