Search results for: CGGVeritas

211 results

A list of search results

  • 2 May 2011
    Business & Finance, Operations & Maintenance

    CGGVeritas  announced a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic Vega and Oceanic Sirius. The joint venture, CGGVeritas Eidesvik Ship Management AS, will be based in Bergen and is 51% owned by Eidesvik and 49% owned […]

  • 20 May 2011
    Business & Finance, Project & Tenders

    CGGVeritas announced that it has signed an agreement with PT Elnusa Tbk to create a marine joint venture company. The newly established company, PT Elnusa-CGGVeritas Seismic, is 51% owned by Elnusa and 49% owned by CGGVeritas and will deliver 2D and 3D marine seismic acquisition services to oil and gas company clients mainly operating in […]

  • 30 July 2010

    CGGVeritas  announced today, at the proposal of FSI (Fonds Strategique d’Investissement) and the approval of CGGVeritas Board , that Mr. Denis Ranque will sit on the CGGVeritas Board of Directors on behalf of the FSI. Mr. Denis Ranque became a director of CGGVeritas on May 5th 2010, the date of the last shareholders meeting. About […]

  • 16 December 2010
    Business & Finance

    CGGVeritas  announcedthat it has signed a term sheet with Petrovietnam Technical Services Corporation (PTSC) to create a 2D/3D marine joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters. The joint venture will provide seismic data acquisition services for the oil and gas clients operating locally in Vietnam and the region. […]

  • 7 November 2012

    CGGVeritas has successfully conducted the first 3D BroadSeisTM marine surveys to be recorded offshore China. The deepwater surveys of two areas offshore Shenzhen in the east of the South China Sea were awarded to CGGVeritas by Chinese seismic services company, COSL (China Oilfield Services Limited), on behalf of its parent company, the Chinese national oil […]

  • 16 June 2010
    Equipment

    CGGVeritas announces the launch of BroadSeis, a new integrated service for high-resolution marine seismic. BroadSeis is an innovative solution based on the deployment of specific configurations of Sentinel solid streamers combined with a new patented imaging technology designed to offer oil companies broadband seismic data, resulting in superior subsurface images. BroadSeis capitalizes on the remarkable […]

  • 1 August 2011
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Spectrum announces a major Multi-Client transaction with CGGVeritas priced at USD40mill. Spectrum will acquire the 2D Marine Multi-Client library from CGGVeritas encompassing more than 500,000 km of seismic data. This transaction is in line with the growth strategy of Spectrum to become a leading MultiClient company. The new combined Spectrum library will exceed 1.000.000 km […]

  • 20 May 2011
    Business & Finance

    CGGVeritas  announced today that it has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company. The newly established company, PTSC CGGVeritas Geophysical Survey Company Limited, is 51% owned by PTSC and 49% owned by CGGVeritas and will deliver 2D and 3D marine seismic acquisition services to oil and […]

  • 15 September 2011
    Business & Finance

    Spectrum has completed the purchase of the Marine 2D Multi-Client library of CGGVeritas effectively doubling their Multi-Client portfolio. This conclusion follows endorsement by the Board Members and shareholders of both companies and the completion of a US$40 million transaction. The combined size of Spectrum’s library now exceeds 1.1 million kilometres of 2D Multi-Client seismic making […]

  • 23 May 2011
    Business & Finance, Operations & Maintenance

    CGGVeritas  announced that it has completed a BroadSeis seismic survey in Brunei Darussalam for Brunei Shell Petroleum Company Sdn. Bhd. (BSP). BroadSeis, the new CGGVeritas broadband marine solution, combines Sercel Sentinel solid streamers, a unique variable-depth towing configuration and a proprietary deghosting and imaging algorithm. Jean-Georges Malcor, CEO of CGGVeritas, said: “This BroadSeis survey reflects […]

  • 25 November 2011
    Business & Finance, Research & Development

    CGGVeritas has been ranked in the top 2% of the UK Government’s Carbon Reduction Committee (CRC) league table published in November 2011. The league table ranks organizations participating in the CRC on how well they manage their energy efficiency. Out of over 2,000 companies listed, CGGVeritas was the highest ranked company from the oil and […]

  • 7 June 2012

    CGGVeritas announced today that it will begin acquiring a fourth repeat survey (LoFS04) on the Ekofisk field in the Norwegian sector of the North Sea as part of the multi-year Life-of-Field Seismic (LoFS) program for which it was awarded both the seismic data acquisition and processing. Mobilization is starting early June 2012, and the shooting […]

  • 1 March 2012
    Business & Finance, Operations & Maintenance

    CGGVeritas Board of Directors approved on February 29, 2012, the 2011 financial statements of the Company, on which the independent auditors are in the process of completing their audit procedures. Fourth Quarter 2011 key figures: * 2011 Revenue up 10% and Cash Flow from Operations up 36% * Operating Income at $208 million * Net […]

  • 25 November 2011
    Business & Finance

    French based seismic specialist, CGGVeritas, announced that it has been ranked in the top 2 pct of the UK Government’s Carbon Reduction Committee (CRC) league table published in November 2011. The league table ranks organizations participating in the CRC on how well they manage their energy efficiency. Out of over 2,000 companies listed, CGGVeritas was […]

  • 10 October 2011
    Business & Finance, Operations & Maintenance

      CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. Vessel utilization for the third quarter 2011: -The vessel availability rate was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to a 92% availability rate in the second quarter […]

  • 20 May 2011
    Business & Finance

    CGGVeritas  announced today that it has signed an agreement with PT Elnusa Tbk (Elnusa) to create a marine joint venture company. The newly established company, PT Elnusa-CGGVeritas Seismic, is 51% owned by Elnusa and 49% owned by CGGVeritas and will deliver 2D and 3D marine seismic acquisition services to oil and gas company clients mainly […]

  • 17 June 2010
    Business & Finance

    CGGVeritas announced  that it has signed a Technology Cooperation Agreement (TCA) with the Brazilian energy company, Petrobras, for the collaborative development and implementation of new technologies in the field of Geophysics. The TCA sets the framework for collaborative research projects between Petrobras and CGGVeritas over a three-year time period in specific areas such as 4D […]

  • 23 May 2011
    Business & Finance, Operations & Maintenance

    CGGVeritas  announced that it has been granted a seismic permit in the Gulf of Mexico. Based on the award of this permit, CGGVeritas is currently in discussions with various E&P companies operating in the Gulf of Mexico to finalize the design of a new multi-client program. The program will utilize BroadSeis, breakthrough broadband marine solution, […]

  • 25 February 2011
    Business & Finance

      CGGVeritas announced today that it has signed a term sheet with PT Elnusa Tbk (Elnusa) to create a 2D/3D marine joint venture to carry out 2D and 3D marine seismic surveys, in Asia Pacific Region, with main focus in Indonesia. The joint venture will provide marine seismic data acquisition services for oil and gas […]

  • 7 April 2011
    Business & Finance

      CGGVeritas has inaugurated a new open Processing & Imaging center in Muscat, Oman at a ceremony attended by clients and a delegation from the Omani Ministry of Oil & Gas. The new center complements the company’s activity in the country and offers clients access to the latest processing and imaging technology and services. Tailored […]

  • 7 April 2011
    Business & Finance, Operations & Maintenance

    CGGVeritas has inaugurated a new open Processing & Imaging center in Muscat, Oman at a ceremony attended by clients and a delegation from the Omani Ministry of Oil & Gas. The new center complements the company’s activity in the country and offers clients access to the latest processing and imaging technology and services. Tailored to […]

  • 30 August 2010
    Business & Finance

    CGGVeritas  announced  that it has been awarded by Pemex a more than 150M$ contract extension to acquire a 3D wide–azimuth (WAZ) program in the Mexican waters of the Gulf of Mexico which will be extended to 18,000 square kilometers. The total survey, which is above 200M$, will be the first WAZ contract of this scale […]