CGG Secures PTTEP Contract Extension
CGG has secured a renewal of a contract from PTT Exploration & Production (PTTEP) for the dedicated processing center (DPC) CGG has been operating in Bangkok since November 2013.
The new contract will run for a further three years, from March 01, 2017 to February 28, 2020.
CGG will continue to support PTTEP by delivering high-quality processing services, including advanced time and depth imaging, for 2D and 3D onshore and offshore seismic data acquired in PTTEP’s operating areas worldwide.
As a part of its longstanding commitment to Thailand’s E&P industry, CGG will also provide in-house processing training, technology updates and mentoring support to develop PTTEP’s seismic processing experts required for its business in Thailand and overseas.
Jean-Georges Malcor, CEO, CGG, said: “CGG has been involved in most of the discoveries made in Thailand over the last 50 years. During that time, we have gained very deep in-country operational experience and developed a strong long-term business relationship with PTTEP. We are delighted that they wish to continue benefiting from our advanced subsurface imaging technology, expertise and service excellence in house to help them explore for new discoveries and increase recovery from their petroleum reservoir assets to secure domestic supply and support country growth.”