FairfieldNodal informed that it is in advanced discussions with Thalassa Holdings to acquire WGP Group, a premier provider of marine geophysical services headquartered in UK.
According to the company, WGP provides a set of adjacencies to complement FairfieldNodal’s existing technology and services, specifically its proprietary ZLoF semi-permanent reservoir monitoring technology.
“We are excited about the expertise and talent we gain with the WGP acquisition,” said Charles Davison, president and CEO of FairfieldNodal. “WGP’s proven operational capabilities around active reservoirs make them a natural fit into the FairfieldNodal suite of services.
“We look forward to working with WGP to combine forces to provide customers with seamless reservoir services.”