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Cegal purchase expands EnergyX footprint in oil accounting

11 March 2024

Aberdeen hydrocarbon digitalisation firm Cegal has bought UK-Dutch GSES in a friendly takeover and the two teams will be integrated into Cegal’s EnergyX group.

GSES’ comprehensive hydrocarbon accounting experience will promote and implement Cegal’s EnergyX portfolio for their shared global customer base. In Cegal’s March 11 statement, GSES described EnergyX as “the new industry standard in hydrocarbon management.”

Following the acquisition on April 1, GSES will move into Cegal’s Aberdeen office within Prime Four Business Park, Aberdeen’s global energy hub.


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