Project: Sale of ODS-Petrodata to IHS Inc

Role: Advised the shareholders of ODS-Petrodata

2011

ODS-Petrodata succesful sale to IHS Inc

April 2011:

Quayle Munro Limited is pleased to announce that it has advised the shareholders of ODS-Petrodata, the premier provider of analytics and insight to the offshore energy market, on its sale to IHS Inc, the leading global source of information and analysis.

Founded in 2002, ODS-Petrodata is a leading provider of energy information covering rigs, offshore field construction and marine support vessels that support critical commercial decision-making in the energy market. The company brings together more than 35 years of offshore data built on the legacies of its predecessor companies, and provides companies operating in the offshore oil and gas arena with an independent, authoritative source for market intelligence, data, market research and consulting services. From its original strength in offshore rig data and information, ODS-Petrodata has expanded into field development, marine and renewable energy data. In addition, the company offers a range of applied research and forecasting across these market segments on a consulting basis. ODS-Petrodata has offices in Oslo, Aberdeen, Singapore, Houston and Dubai.

Craig Muir, Managing Director, Quayle Munro said:
“ODS has developed an unrivalled position in the provision of analytics, insight and data for the global upstream offshore energy market.  Quayle Munro is delighted to have been part of this transaction, continuing our unbeaten track record in the sector. We continue to see significant activity in the commodity and energy vertical across all disciplines driven by the increasing demand for high quality global solutions.”

Per Christian Grytnes, CEO, ODS-Petrodata said:
“ODS-Petrodata is an excellent fit within the existing IHS energy business.  Our products and services extend IHS offerings to the upstream energy sector through provision of high quality data and research across the range of critical, high value offshore markets such as drilling rigs, marine and seismic vessels and field development operations. Quayle Munro’s deep domain expertise and relationships were critical in ensuring the successful conclusion of the transaction.  They are the go-to firm for strategic and M&A advice in the global media and technology space.”