Closing of marine partnership with Shearwater: CGG closed today its strategic partnership transaction for marine seismic acquisition services with
Streamer equipment JV with Shearwater: The creation of a joint venture under the Sercel brand for the research and development, manufacturing, commercialization and support of marine streamer seismic acquisition equipment is progressing well and is expected to be finalized during the first half of 2020.
CEO comments: “In 2019, we executed key milestones of our 2021 strategy: the exit from marine and seabed acquisition businesses and the wind down of land acquisition operations. We are delighted to enter into this strategic partnership with Shearwater for our multi-client projects and look forward to finalizing the creation of our marine streamer equipment JV under the
About CGG
CGG (www.cgg.com) is a global geoscience technology leader. Employing around 4,600 people worldwide, CGG provides a comprehensive range of data, products, services and equipment that supports the discovery and responsible management of the Earth’s natural resources. CGG is listed on the
Contacts :
Group Communications & Investor Relations Tél : + 33 1 64 47 38 11 E-mail : christophe.barnini@cgg.com |
Attachment
- CGG_Closing of marine partnership with Shearwater_
8th January 2020
Source: CGG
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