ION Geophysical has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo, Houston-based ION said in a news release.

In February 2013, ION acquired 30% of OceanGeo. ION increased its ownership to 70% in January 2014.

OceanGeo was recently awarded a substantial survey offshore West Africa for an international oil company.

Terms of the acquisition have not been disclosed.


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