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.”