Wood Mac Buys Infield Systems to Boost Upstream Offering

Data services and consultancy group Wood Mackenzie is to buy oil and gas business intelligence firm Infield Systems Limited, according to a statement from Wood Mac-parent Verisk Analytics published late Friday.

The addition of Infield – which provides business intelligence, analysis and research to the oil, gas and associated marine industries – will enhance Wood Mac's upstream and supply chain capabilities, Verisk said.

Wood Mackenzie CEO Stephen Halliday commented in a company statement:

"This small, tuck-in acquisition of Infield Systems will help transform our analysis of the upstream supply chain and complement our modeling capabilities. Our clients will benefit from a more robust and integrated offering made possible by combining the analytical strength and proprietary databases of Infield Systems and Wood Mackenzie.
"For more than 25 years, Infield Systems has provided an extensive range of services to assist its clients with critical business and investment decisions. Infield Systems, its people, its relationships across the industry, and its comprehensive data are widely recognized as a leading source of information, research, and analysis for the energy sector; and they will be a valuable addition to Wood Mackenzie and Verisk Analytics."

Infield Systems Managing Director Julian Whitfield added:

"We're delighted to be joining Wood Mackenzie. The integration of Wood Mackenzie and Infield Systems will provide a more competitive and complete service for both Infield Systems and Wood Mackenzie clients."

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Odessa: Operator Assistant II-Surface Well Testing
Expertise: Well Servicing & Testing
Location: Odessa, TX
United States Prudhoe Bay: Service Leader - Frac/Acid
Expertise: Field Service Tech
Location: Prudhoe Bay, AK
Field Operations Supervisor II Job
Expertise: Field Service Tech|Refinery / Plant Operations Supervisor|Regulatory Compliance
Location: Minneapolis, MN
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours