CGG Awarded Four BroadSeis-BroadSource Seismic Contracts

CGG announced that it has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeis^TM with BroadSource^TM, marine broadband technology.

The four surveys represent a total contract value of over 80 million USD.

Three of the surveys have been awarded in the Asia-Pacific region, with two offshore Malaysia and one offshore NW Australia, while the fourth is to be acquired offshore West Africa.

Jean-Georges Malcor, CEO, CGG, said:

“Only CGG’s BroadSeis-BroadSource technology delivers full-bandwidth broadband data. These recent awards clearly underline how critical true broadband data is becoming for reducing risk in frontier exploration and optimizing field development.”

Press Release, September 10, 2014