Schlumberger to acquire Data Marine Systems

Petroleum News Alaska Staff

Schlumberger Test & Transactions, a business unit of Schlumberger Ltd., said Aug. 9 that it has signed a definitive agreement to acquire 100 percent of Scotland-based Data Marine Systems Ltd. Data Marine Systems is a global provider of telecommunications services for transmitting data from remote locations. This acquisition will diversify the global network capabilities of Schlumberger. Details of the transaction were not disclosed.

“Our customers are accelerating their demand for high volume secure data transfers from frontier locations,” said Xavier Flinois, president of Schlumberger Network Solutions. “We are excited by this acquisition, which will enhance our global delivery infrastructure for secure connectivity. Data Marine Systems owns and manages both a global VSAT based network and an extranet that provide secure and remote network access to over 100 companies in the oil and gas industry.”