Acquisition enables Verisk’s Wood Mackenzie business to enhance its deepwater analysis and insight capability as part of its expertise across the entire energy landscape
Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, announced the acquisition of the data and subscriptions business of Quest Offshore Resources, Inc. (“Quest Offshore”), which supplies market intelligence to the offshore oil and gas sector.
The data and subscriptions business will become part of Wood Mackenzie, a Verisk Analytics business, and will complement Wood Mackenzie’s existing upstream analysis expertise. This transaction expands on the services offered by Infield (part of Wood Mackenzie specializing in offshore supply chain intelligence) and Wood Mackenzie’s upstream suite of data and analysis products. By bringing these resources together in one place, Wood Mackenzie will be able to offer clients a comprehensive, transparent, and granular analysis of the offshore oil and gas sector.
About Quest Offshore
Quest Offshore is a leading provider of strategic market intelligence to the global oil and gas community through subscriptions to their eight proprietary market-forecast databases in addition to the client-directed initiatives to provide our expert industry advice to enhance our customers’ business strategies.
Source: Verisk Press Release
