Your Portal for Key Energy Information and Research

Shearwater GeoServices Holding AS

Company Summary

Description

Shearwater Geoservices Holding AS offers marine geophysical services to oil and gas industry.

Website

https://www.shearwatergeo.com/

Recent news

  • 1/18/2019 - Schlumberger Closed on... (subscriber access)

Company Transactions

Date: 11/15/2018
Type: Acquisition

BUYERS:
  • Shearwater GeoServices Holding AS
    • SELLERS:
  • Schlumberger Limited
    • DETAILS:

    COST: 600 $MM

    NOTES:
    Schlumberger reported that on November 15, 2018, Shearwater GeoServices Holding acquired their WesternGeco marine seismic assets and operations. SLB received $600 million in cash and a 15% post-closing equity stake in Shearwater.