M&A Deal Summary

Viridien Acquires Wavefield Inseis AS

On November 10, 2008, Viridien acquired energy services and equipment company Wavefield Inseis AS

Acquisition Highlights
  • This is Viridien’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Viridien’s 1st transaction in Norway.

M&A Deal Summary

Date 2008-11-10
Target Wavefield Inseis AS
Sector Energy Services and Equipment
Buyer(s) Viridien
Deal Type Add-on Acquisition

Target

Wavefield Inseis AS

Lysaker, Norway
Wavefield is a Norwegian pure-play seismic company which operates a fleet of 8 vessels and develops geophysical equipment based on fiber optic technology.

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Buyer(S) 1

Buyer

Viridien

Massy, France

Category Company
Founded 1931
Sector Oil/Gas Exploration
Employees3,200
Revenue 1.2B USD (2024)
DESCRIPTION

Viridien is a fully integrated Geoscience company providing geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), Viridien brings value across all aspects of natural resource exploration and exploitation. Viridien was founded in 1931 and is based in Massy, France.


DEAL STATS #
Overall 3 of 7
Sector: Energy Services and Equipment M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Norway M&A 1 of 1
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-27 Metrolog SA

Labège,, France

Metrolog SA, a provider of high pressure, high temperature gauges and other downhole instruments to the oil and gas industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-24 Fugro - Geoscience Division

Netherlands

Fugro - Geoscience Division provides seismic services including seismic acquisition and seismic processing services.

Buy €1.2B