IFLR1000

Shearwater GeoServices $600 million acquisition of WesternGeco assets

16/11/2018
Acquisition finance, Private acquisition
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$ 600 million

Announced

16/11/2018

Overview:

  • Global seismic data provider Shearwater GeoServices has announced the acquisition of the marine seismic acquisition assets and operations of WesternGeco for $600 million.

Prin Shasiharan - Researcher

Jurisdictions:

British Virgin Islands
Norway
United Kingdom

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Industry sector:

Shipping

Firms:
Arntzen de Besche

Party: Shearwater GeoServices (Acquirer)

Lawyer: Lars Horgen Hinze

CMS

Party: Shearwater GeoServices (Acquirer)

Ogier

Party: Shearwater GeoServices (Acquirer)

Schjødt

Party: WesternGeco (Seller)

Lawyers: Dag Sigvart Kaada, Marianne Lind Sahl

Wiersholm

Party: Rasmussengruppen (Shareholder)

Lawyer: Henrik Braavold Johansen

Wikborg Rein

Party: DNB Bank (Lender)

Lawyer: Lars-Erik Østerbø

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