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.
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."
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