Katalyst Continues Worldwide Growth by Acquiring Geopost Energy
Katalyst Data Management announced today that it will acquire the Rio de Janeiro-based oil and gas data product and service provider Geopost Energy. Geopost Energy provides instant online access to integrated data of all types, including seismic, interpretations, and well logs production data to its clients. In addition, Geopost offers continuously updated information and news on all aspects of Brazil’s offshore and onshore E&P activities. The acquisition represents an important expansion to the South American region for Katalyst, underpinning their increasing capabilities to support their customers in any region they operate. The Brazilian office will act as a hub for Katalyst in South America and add to Katalyst’s global footprint including data centers in Canada, the United States, the United Kingdom, Australia, and Malaysia.
The transaction is subject to customary closing conditions.
Global reach for end-to-end subsurface data management
“This acquisition marks another milestone in our journey to have a presence in major oil and gas data markets across the globe,” said Katalyst President and CEO, Steve Darnell. “We have long admired the technology and services that Geopost brings to the market. In addition to the growth of Geopost’s products into our existing regions, we are excited about our ability to incorporate their key technologies into iGlass and SeismicZone. We believe this will greatly enhance our already industry leading capabilities.”
“We are thrilled to become part of the Katalyst family," said Christiano Lopes, Geopost’s CEO. “The combination of Katalyst’s industry leading organization, global footprint, and expertise with the technology and services developed by Geopost will contribute to a broader solution generating new opportunities in multiple regions. It is a huge opportunity for us as we advance.”
Katalyst Data Management provides a complete data management solution assisting oil and gas companies with the difficult challenge of managing the vast amount of subsurface data and information acquired for exploration and production. Katalyst’s end-to-end solution includes every step in the process, from data capture and verification, data storage and organization, to marketing seismic data online. Katalyst’s signature offerings include the web-based iGlass solution for subsurface data management and the ecommerce site SeismicZone for data marketing. To learn more about Katalyst, visit www.katalystdm.com.
About Geopost Energy
With their leading technology platform, Geopost provides instant access to data related to the E&P market (e.g., seismic data, interpretations, wells, production charts, bidding round history, E&P assets, and others). Everything is built into a fluid and easy-to-use platform. The environment combines customer’s private library with automatically updated information covering all aspects of Brazil's E&P Offshore and Onshore activities. Geopost is an essential tool for your technical and business team.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
BLUETTI Is to Supercharge ISPO 202228.11.2022 05:27:00 EET | Press release
BLUETTI, a global leader in the clean energy storage industry, will present its new inventions at ISPO, the world's largest sports trade show, to be held in Munich, Germany, from November 28 to November 30, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221127005071/en/ (Graphic: Business Wire) This year's ISPO focuses on 'New Perspectives in Sports', with themes such as innovation and sustainability. “We believe our participation could bring fresh insights into outdoor and at-home sports. Our clean and reliable energy solutions will empower sports lovers’ green lifestyles,” James Ray, the spokesman, explained BLUETTI's attendance. BLUETTI has released its latest masterpieces, the AC500&B300S and EP600&B500. The AC500 follows the modular design of the AC300 and is substantially updated in capacity and capability. With a 5.000W output and 16 outlets, it can be used as a solid backup power source on the go or in the hous
Philip Morris International Announces New Regional Structure and Senior Management Changes to Accelerate Growth Toward a Smoke-Free Future25.11.2022 21:05:00 EET | Press release
Philip Morris International Inc. (PMI) (NYSE: PM) today announced a new regional structure and related senior management changes to enable continued growth as a multicategory leader internationally and advance its rapid transition toward a smoke-free future. “We are changing the company’s regional structure to further support the growth of our smoke-free business, reinforce consumer centricity, and increase the speed of innovation and deployment—all in alignment with our ambition of becoming a majority smoke-free business by net revenues by 2025,” said Jacek Olczak, PMI’s Chief Executive Officer. “The new structure will also create new opportunities to further grow our senior talent, deepening the bench of leaders who will spearhead PMI’s progress toward a smoke-free future for the years to come. I am confident of the exceptional caliber and determination of our people and wish them the best in their new roles.” By the end of January 2023, PMI will rearrange its operations in four regi
China’s Vanke Foundation presents fruitful green development achievements at COP2725.11.2022 17:44:00 EET | Press release
China’s Vanke Foundation invited dozens of Chinese charitable organizations, institutes and industry associations to present the fruitful achievements of China's green development at the recently concluded 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221125005204/en/ Wang Shi(L4), Chairman of Vanke Foundation, and other Chinese delegates called for joint action on climate change at COP27 in Sharm El-Sheikh, Egypt on Nov. 11, 2022. (Photo: Business Wire) According to Wang Shi, Founder of Vanke Group, Chairman of Vanke Foundation, and Founder of C Team, only a few nongovernmental Chinese individuals, including himself, representing about 100 Chinese companies attended COP15 in Copenhagen back in 2009, while this year, together with numbers of partners from different sectors, approximately one million Chinese enterprises and institutions have been invol
Fruits Eco-Blockchain Project Completes its Security Audit of their Native Blockchain Conducted by Quantstamp25.11.2022 17:00:00 EET | Press release
Fruits Eco-Blockchain Project is pleased to announce their completion of a security audit of the Fruits Blockchain's contract system conducted by Quantstamp, a leader in web3 security. The focus of the audit was to verify that the smart contract system is secure, resilient and working according to its specifications. The audit activities can be grouped in the following three categories: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221120005089/en/ Fruits Eco-Blockchain Project completes its security audit of their native blockchain conducted by Quantstamp (Graphic: Business Wire) Security: Identifying security related issues within each contract and within the system of contracts. Sound Architecture: Evaluation of the architecture of this system through the lens of established smart contract best practices and general software best practices. Code Correctness and Quality: A full review of the contract source code. The prim
Abu Dhabi Hosts Annual Investment Meeting May 202325.11.2022 16:49:00 EET | Press release
Abu Dhabi will host the 12th edition of the Annual Investment Meeting from 8 to 10 May 2023, which will take place under the theme of “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity”. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221125005180/en/ Abu Dhabi Hosts Annual Investment Meeting May 2023 (Photo: AETOSWire) At a press conference held today in Abu Dhabi, the announcement of the launch of AIM Global 2023 which is supported by the Ministry of Industry & Advanced Technologies, with the Abu Dhabi Department of Economic Development (ADDED) as a lead partner was made in the presence of H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Vice Chairman of the UAE Industry Development Council and H.E. Mohamed Ali Al Shorafa, Chairman of ADDED. AIM Global 2023 pillars will discuss the global capital market transformation, way
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom