TGS Completes Acquisition of Spectrum
TGS-NOPEC Geophysical Company ASA announced today that it has completed its acquisition of Spectrum ASA, creating a leading global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum on 2 May 2019. Completion of the acquisition and the merger plan has today been registered with the Norwegian …
TGS Acquiring Spectrum to Cement its Position as a Leading Provider of Multi-Client Seismic Data
TGS-NOPEC Geophysical Company ASA announced today that it has agreed on the principle terms for the acquisition of Spectrum ASA, creating a leading provider of 2D and 3D seismic data. The transaction is expected to be completed as a statutory merger pursuant to Norwegian corporate law between TGS and Spectrum, …
Fugro Divests Multi Client Seismic to Spectrum ASA
Fugro has signed an agreement to divest its multi-client data library to Spectrum ASA, a Norwegian multi-client seismic data specialist supplying the global oil and gas industry with sub-surface imagery on a non-exclusive basis, for a cash consideration of US$ 115 million (approximately EUR 100 million) The multi-client library business …