OASIS Group and Access jointly announced the acquisition of the European and North American physical asset storage and services business of CGG Smart Data Solutions.
The deal includes OASIS’ acquisition of four facilities in Europe Access’, as well as Access’ acquisition of several North American facilities.
All facilities remain dedicated to the storage and management of subsurface rock and fluid samples, paper and magnetic assets and access to complex digital data structures via the acquired PleXus solution.
Sophie Zurquiyah, CEO, CGG, said:
“We are pleased to welcome Smart Data Solutions clients and Team Members to OASIS Group,” said Nicholas Knight, Chief Commercial Officer at OASIS Group. “The division’s specialist technical knowledge and focus on providing innovative solutions such as PleXus will strengthen our offering to our clients in the energy industry.”
“Given their long-standing strategic partnership and joint focus on records and information management, OASIS and Access will provide an excellent home for the physical asset storage and services business of Smart Data Solutions. I expect that the acquiring partners will continue to expand and advance the service offerings to best support the needs of all clients well into the future.”
Ken Davis, Access CEO commented:
“Access and OASIS Group have been supporting clients collectively within the energy industry for decades and understand the complexities of assets associated with the management of specialist data and information. The acquisition of Smart Data Solutions’ facilities and Team Members reflects our companies’ respective commitments to help clients around the world harness the power of their information through innovative technologies.”
This transaction marks the 180th and the 55th successful acquisition for Access and OASIS Group, respectively.