Kongsberg Maritime buys Sense Intellifield (January 2007)

Kongsberg Maritime buys Sense Intellifield (January 2007)

$45 million deal brings Sense’s WITSML technology alongside Fantoft Process Technology.

Kongsberg Maritime has acquired e-field specialist Sense Intellifield (SI) in a $45 million cash transaction. The purchase has no effect on Intellifield’s sister rig equipment company Sense EDM.

WITSML

SI’s solutions target integrated operations, a.k.a. ‘e-fields’ leveraging real-time data – particularly WITSML. SI was also involved in the development and testing of the POSC/Energistics production optimization specification ProdML.

Kildal

SI joins Fantoft Process Technologies in Kongsberg’s oil and gas portfolio. Kongsberg Maritime president Torfinn Kildal said, ‘The SI acquisition broadens our offering in integrated operations.’

Kolstad

SI president Børge Kolstad added, ‘There is good synergy in products and markets which will further improve the range of products available to our oil and gas clients in future.’ SI has 70 employees and reported 2006 sales of $18 million.

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