Emerson acquires GeoFields Inc
Acquisition expands Emerson's expertise in pipeline solutions for oil and gas industry
Emerson has acquired GeoFields Inc, a provider of software and implementation services for pipeline integrity data collection, management and risk analysis for the oil and gas industry. The terms of the acquisition were not disclosed.
According to Emerson, the acquisition of GeoFields helps to further position it as a comprehensive solutions provider for pipeline operations management.
"Expanding our digital portfolio with the GeoFields software and services for pipeline integrity management enables us to bring proactive asset reliability solutions to our customers," said Mike Train, executive president, Emerson Automation Solutions. "By combining GeoFields with our existing Plantweb digital ecosystem offerings and maintaining our focus on innovation and consulting, we can help customers maximise the value of their investments, ensure greater regulatory compliance and reduce risk associated with costly releases and safety incidents."
Emerson has an extensive portfolio of pipeline solutions for the oil and gas industry including pipeline and terminal enterprise commercial management solutions, operations management software, pipeline modeling and leak detection, SCADA systems, corrosion and erosion monitoring, valve and control solutions, flow metering and measurement technologies.