Excellence Logging Acquires WSG Well Intervention Business
July 26, 2023
Excellence Logging, a Bluewater‑backed oilfield services company, has signed a definitive agreement to acquire the Well Intervention business of Well Services Group (WSG). The deal adds coiled tubing, slickline and well testing capabilities to Excellence Logging’s portfolio and expands its market reach across Northern Europe; the transaction is expected to close in the coming week.
- Buyers
- Excellence Logging
- Targets
- WSG Well Intervention business (Well Services Group)
- Sellers
- Well Services Group (WSG)
- Platforms
- Excellence Logging
- Industry
- Oil & Gas
- Location
- Drenthe, Netherlands
- Transaction Type
- Addon
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