Xodus buys Ocean Geo Solutions, extends US footprint
Energy consultancy firm Xodus has acquired data interpretation consultancy Ocean Geo Solutions (OGS) as a part of its global extension plans.
According to Xodus, the acquisition adds to the company’s geophysical data processing, interpretation and reporting capabilities.
Houston-based OGS assesses seabed and subsurface conditions for hazards ahead of deep-water drilling operations and the installation of pipelines, cables and structures for oil and gas operators and offshore wind developers.
The company’s current workforce, including geophysicists, cartographers and support staff will continue to operate from its Houston office.
“We can provide asset owners and operators with the right data and insight to ensure the success of their infrastructure and design projects for offshore wind power plants. There is synergy between our experts and Xodus’ capabilities, which will further enable us to deliver quality services to an ever-growing number of clients”, said Michael Pentland, OGS’ director of services.
Xodus, which currently has offices in Houston and Boston in the US, stated that the OGS deal marks an important step in growing the company’s capabilities and services in the Gulf of Mexico with further plans to increase headcount in the region over the coming months.
“The expertise of OGS’ specialists in areas such as geohazard analysis, in-depth analysis of the seabed and geotechnical testing and reporting will provide our clients with the insight needed to make informed business decisions, avoid potential hazards and assess the environmental impact of their projects“, said Von Thompson, vice president for Gulf of Mexico at Xodus.
“The enhanced competence in the offshore wind market will complement the capabilities of our experts in Boston and pave the way for the future business growth of our global offering”.