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Global Leader in Seismic Equipment Rentals and Support Acquires TransGulf Tech

September 8, 2009

HOUSTON, Sept. 8 /PRNewswire/ — Seismic Equipment Solutions (SES) today announced it has acquired TransGulf Tech, one of the leading marine seismic air gun and lead-in termination specialists in the industry, which holds certification in high-pressure air systems and possesses extensive experience in back deck design and rigging.

The acquisition expands SES’ Marine and Transition Zone capabilities by providing highly specialized technical support solutions for the marine seismic industry.

“The global seismic industry demands a company with advanced products for today’s seismic challenges,” said Glen Huscroft, President and CEO, Seismic Equipment Solutions, “and the acquisition of TransGulf further enhances our ability to provide those products with better solutions for the Marine and Transition Zone markets.”

“We believe acquiring a company like TransGulf, with a proven track record of superior sales, service and support is a smart alliance which will accelerate the development of our new Marine and Transition Zone business,” said Paul Mitcham, Senior Vice President, Marine and Reservoir Imaging at SES. “This combination is a natural progression of SES’ long term strategy to provide excellent service and rental equipment to both the seismic and hydrographic industries.”

About TransGulf Tech

Founded in 2007, TransGulf is the leading independent air gun and lead-in termination specialist in the Gulf Coast region. Headquartered in Houston, Texas, TransGulf supplies in-house repairs with immediate world-wide field service and support, along with hard-to-find supplies and parts for manufacturers and end-users of marine seismic equipment. TransGulf specializes in marine sources, digital streamer lead-in and source umbilical repairs; and boasts a management team with over 60 years of experience in marine-related operations, manufacturing and repairs, including highly trained and certified field service engineers and technicians to handle high-pressure air filtration systems for air gun sources and back deck design and rigging.

About Seismic Equipment Solutions

With headquarters in Houston, TX and representatives in Moscow, London, Calgary, Bogota, and Jakarta, SES is a global leader in seismic equipment rentals and support. SES provides expertly maintained lease equipment, field support, training, equipment repairs, and part sales on a global basis.

SOURCE Seismic Equipment Solutions


Source: newswire



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