NEWS ARCHIVE

Come together

OIL and gas industry geospatial services provider AAM has merged with Vekta.

Come together

The combination of the two industry players positions AAM as one of the largest geospatial providers in Australasia and the Asia Pacific region.

The merged entity, to be known as AAM, will continue to provide spatial information services to the oil and gas industry in the Australasian, Asia Pacific and African markets.

As the merged entity, AAM boasts workforce of more than 500 people and revenue exceeding $75 million.

AAM chairman and chief executive officer Scott Ramage said the merger provided the company with the critical mass to make further investment in the rapidly growing geospatial sector.

"We see exciting opportunities to apply our innovative geospatial solutions to major oil and gas projects," he said.

"Joining AAM and Veka enhances our ability to realise this innovation and deliver the backup and resources needed for the most demanding projects in the pipeline."

AAM provides a diverse range of geospatial services and technology, including land survey, aerial and satellite mapping, as well as geographic information system solutions to a host of industries.

In the oil and gas industry the company can harness geospatial data in onshore and offshore projects and applications including onshore seismic exploration and drilling planning, offshore exploration planning and onshore environmental pre-assessment.

Vekta specialises in the provision of land, engineering and aerial surveys with its products and services utilised across major national and international projects.

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