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TGS-NOPEC Geophysical completed the acquisition of 4C Offshore.

Synopsis

TGS-NOPEC Geophysical, a provider of energy data and intelligence, completed the acquisition of 4C Offshore, a leading market intelligence and consultancy firm. Financial terms were not disclosed. "We are pleased to announce 4C Offshore as the first acquisition following the launch of our New Energy Solutions business earlier this year. The company carries a strong reputation within the industry for its quality data that is highly trusted for asset-level decisions. The strengths of 4C Offshore fit perfectly with TGS's ambition to become the leading global provider of energy data and insights to support decision-making processes across the energy value chain," Kristian Johansen, TGS CEO.

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