Douglas Westwood acquired by ESIA

12/7/2015

LONDON -- Energy Software Intelligence Analytics (ESIA) has completed the acquisition of Douglas Westwood Limited (DWL). The acquisition represents ESIA’s next step in delivering a growth strategy for the company that includes a mix of new product development and acquisitions. 

ESIA’s strategic vision is to create best-in-class solutions for its customers, and the addition of the consulting and analytical services from Douglas Westwood extends ESIA’s reach into the oilfield services market (OFS).

Formed in January 2015, ESIA is assembling a portfolio of businesses that deliver data, research, and insight for the global energy E&P markets and support services. ESIA has acquired three companies since its formation, with Douglas Westwood being the fourth.   

“The acquisition of Douglas Westwood is a significant step in the development of ESIA, effectively doubling the size of our business and bringing global coverage,” Gavin Prise, chairman of ESIA, said. “Through Hannon Westwood, Novas and Richmond Energy Partners we have a deep and expanding expertise in the E&P space. Following this latest acquisition, we are now able to offer market intelligence solutions across the full supply chain and provide access to the exceptional team of internationally experienced individuals within Douglas Westwood.”

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