Powered by

-Shearwater to Acquire Schlumberger Marine Seismic Acquisition Business

Aug 24, 2018 - ENP Newswire

BERGEN and HOUSTON - Shearwater GeoServices Holding AS and Schlumberger today jointly announced that they have entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger.

The transaction is subject to regulatory approvals and other customary closing conditions. The parties expect to close the transaction in the fourth quarter of 2018.

Shearwater GeoServices wi...