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Home Icon > About Us > News > Reach Subsea acquires geophysical monitoring business from Equinor

Reach Subsea acquires geophysical monitoring business from Equinor

Norwegian offshore services player Reach Subsea has entered an agreement with Equinor Ventures to acquire OCTIO, a Bergen-based provider of monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs. The deal will see Reach acquire Equinor’s interests in OCTIO, as well as the associated company MonViro, owned by OCTIO employees. The transaction will be …

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Norwegian offshore services player Reach Subsea has entered an agreement with Equinor Ventures to acquire OCTIO, a Bergen-based provider of monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs. The deal will see Reach acquire Equinor’s interests in OCTIO, as well as the associated company MonViro, owned by OCTIO employees. The transaction will be …

[post_title] => Reach Subsea acquires geophysical monitoring business from Equinor [post_excerpt] => Norwegian offshore services player Reach Subsea has entered an agreement with Equinor Ventures to acquire OCTIO, a Bergen-based provider of monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs. The deal will see Reach acquir... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => reach-subsea-acquires-geophysical-monitoring-business-from-equinor [to_ping] => [pinged] => [post_modified] => 2021-12-08 19:00:00 [post_modified_gmt] => 2021-12-08 19:00:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=156523 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )