Ikon Science buys Terra Geotech technology

Published

Geoprediction firm Ikon Science has acquired the software, services and intellectual property of Bergen headquartered Terra Geotech AS.

Eamonn Doyle, the founder of Terra Geotech, has joined Ikon Science as VP real-time operations, bringing with him Terra's real-time pore pressure prediction consulting business.

He said the move would accelerate the firm's business growth and R&D in real-time pore pressure prediction.

The move would also see benefots from integrating Terra's real-time data and monitoring with Ikon’s existing reservoir monitoring, geomechanics and pore pressure prediction capabilities.

Remote and real-time well monitoring software and services are available from Ikon with immediate effect.

Ikon, based in London, was formed in 2001, with Enterprise Oil plc (becoming Shell Technology Ventures) and Tullow Oil as founding shareholders.
 

Current News

Bangladesh Offers Sweetened Terms in Offshore Tender

Bangladesh Offers Sweetened Te

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

IKM Aconan to Deliver Drilling

Unity Wins North Sea Decom Contracts, Expands Overseas

Unity Wins North Sea Decom Con

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Denmark Receives Offshore Wind

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine