Megseis in $233M Fairfield seismic tech swoop

Norwegian seismic services company Magseis will acquire Fairfield’s seismic technology business in a deal valued $233 million.

Based in Houston, Fairfield is specializing in Ocean Bottom Node surveys, and it has approximately 230 full-time employees and 250 contracted personnel.
The transaction entails Magseis acquiring data acquisition, nodal and system sale & rental activities including all shares in Fairfield’s wholly owned UK subsidiary WGP Group.

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