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CGGVeritas Company News
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CGG Qualifies as Mexican Reserves Auditor
CGGVeritas Services de Mexico S.A becomes one of only "a small number of companies" to be registered by Mexico's NHC as an independent third party qualified to audit and certify Mexico's reserves.
8:00 PM EST | May 16, 2016
Karoon Engages CGGVeritas for 3D Seismic Survey in Permit WA-482-P
Karoon engages CGGVeritas Services to conduct a marine 3D seismic survey over permit WA-482-P in the offshore northern Carnarvon Basin.
8:00 PM EST | June 18, 2013
CGG: New Identity, New Acquisition
CGG announced today that the main agreements needed to close the acquisition of Fugro's Geoscience Division have been signed.
7:00 PM EST | January 27, 2013
CGGVeritas Conducts First BroadSeis Survey Offshore China
CGGVeritas successfully conducts the first 3D BroadSeis marine surveys to be recorded offshore China.
7:00 PM EST | November 06, 2012
CGGVeritas, Saudi Aramco Pen MOU
CGGVeritas has signed a Memorandum of Understanding with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies.
8:00 PM EST | June 06, 2012
Lundin Awards CGGVeritas BroadSeis Survey
CGGVeritas has been awarded a contract by Lundin to conduct a survey with BroadSeis, its broadband marine solution, using for the first time its broadband source option, BroadSource.
8:00 PM EST | June 05, 2012
CGGVeritas Lands 4D Seismic Survey Offshore Angola
CGGVeritas has been awarded a five-year contract for the 4D seismic processing and imaging of annual and biennial monitor surveys planned to take place offshore Angola.
8:00 PM EST | April 15, 2012
CGGVeritas Begins Seismic Survey in Alaska
CGGVeritas has begun acquiring the Tabasco 3D multi-client survey near the Kuparuk and Alpine oil fields on Alaska's North Slope.
7:00 PM EST | March 08, 2012
Spectrum, Partners Start Seismic Survey Offshore Namibia
Spectrum, in partnership with CGGVeritas and NAMCOR, has commenced a new 2D Multi-Client seismic survey covering the deepwater Orange Basin, offshore Namibia.
7:00 PM EST | January 15, 2012
Lundin Selects CGGVeritas' New-Build for Avaldsnes Field
CGGVeritas announced that the first project for its recently launched Oceanic Sirius X-BOW seismic vessel will be a 3D BroadSeis survey on the Avaldsnes field on behalf of Lundin.
8:00 PM EST | October 26, 2011
CGGVeritas Briefs Vessel Utilization for 3Q11
CGGVeritas provided its vessel utilization and its fleet allocation updates for the third quarter of 2011.
8:00 PM EST | October 09, 2011
CGGVeritas Concludes Survey for Chevron Norge
CGGVeritas has completed acquisition of a 3D survey with BroadSeisTM, its unique broadband marine solution, for Chevron Norge AS.
8:00 PM EST | September 26, 2011
Sercel Finishes First Commercial Seismic Project
Sercel has confirmed the successful deployment of its new satellite-positioned DSUGPS sensor on its first commercial seismic project.
8:00 PM EST | September 21, 2011
CGGVeritas Pens Strategic Agreement with Spectrum
CGGVeritas has signed a strategic agreement with Spectrum for the contribution by CGGVeritas of its 2D Multi-client marine library.
8:00 PM EST | July 28, 2011
CGGVeritas Sees 16% Increase in YOY Revenue
CGGVeritas reported $750MM in Group Revenue, up 16% year-on-year and 3% sequentially.
8:00 PM EST | July 28, 2011
CGGVeritas to Expand Fleet with 6 BOURBON Support Vessels
CGGVeritas has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations.
8:00 PM EST | June 27, 2011
CGGVeritas Offers $600MM in Private Placement
CGGVeritas intends to pursue an offering of senior notes due 2021 in an aggregate principal amount of approximately $600 million in a private placement.
8:00 PM EST | May 23, 2011
CGGVeritas Granted Seismic Permit in GOM
CGGVeritas has been granted a seismic permit in the Gulf of Mexico.
8:00 PM EST | May 22, 2011
CGGVeritas, PetroVietnam Enter Seismic JV
CGGVeritas has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company.
8:00 PM EST | May 19, 2011
CGGVeritas Inks Agreement with Elnusa
CGGVeritas has signed an agreement with Elnusa to create a marine joint venture company.
8:00 PM EST | May 19, 2011
CGGVeritas Briefs on Vessel Fleet
CGGVeritas provided its vessel utilization and its fleet allocation updates for the first quarter of 2011.
8:00 PM EST | April 07, 2011
Bahamas Petroleum Contracts CGGVeritas for Seismic Services
Bahamas Petroleum has signed a Letter of Award with CGGVeritas to carry out a minimum of 1500 km2 3D seismic survey across its Southern license area.
8:00 PM EST | March 31, 2011
CGGVeritas Enters JV for Seismic Surveys Offshore Indonesia
CGGVeritas has signed a term sheet with 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.C
7:00 PM EST | February 24, 2011
CGGVeritas Reports $656MM for 3Q10
"CGGVeritas results this quarter reflect the challenging conditions that prevail during the low phase of the cycle we are going through...we have seen promising signs of increased demand for our solutions and technologies," said Jean-Georges Malcor.
7:00 PM EST | November 08, 2010
CGGVeritas Launches Largest, Most Powerful X-BOW Seismic Vessel
CGGVeritas has launched the Oceanic Vega seismic vessel at a naming ceremony held at the Ulstein Verft shipyard in Norway.
8:00 PM EST | August 09, 2010
CGGVeritas Opens New Shop in Angola
CGGVeritas has opened a new Geology & Geophysics (G&G) Center in Luanda, Angola.
8:00 PM EST | July 20, 2010
CGGVeritas, Petrobras to Open Rio Technology Center
CGGVeritas has signed a TCA with Petrobras for the collaborative development and implementation of new technologies in the field of Geophysics.
8:00 PM EST | June 15, 2010
CGGVeritas Launches New Solution for High-Resolution Marine Seismic
CGGVeritas announced the launch of BroadSeis, a new integrated service for high-resolution marine seismic.
8:00 PM EST | June 14, 2010
Brazil-West African Connection Sparks Subsalt Oil Search
Oil companies are taking a fresh look at West African prospects as they seek to replicate the huge discoveries made in a Brazilian region with a similar geology.
8:00 PM EST | April 08, 2010
CGGVeritas' Seismic Vessel Wins Industry HSE Award
CGGVeritas' seismic vessel, the Bergen Surveyor, has won the annual HSE Award given by TGS for 2009.
8:00 PM EST | March 22, 2010
PA Resources Awards Greenland Seismic Contract
PA Resources has awarded a contract to CGGVeritas Services SA for 2D seismic acquisition in the PA Resources operated Block 8, offshore West Greenland.
8:00 PM EST | March 17, 2010
CGGVeritas Cites 'Relatively Stable' Backlog of $1.56B
"Although our backlog is currently impacted by low prices in marine, we expect our financial results to pickup in the second half and further strengthen in 2011," said CGGVeritas Chairman & CEO, Robert Brunck.
7:00 PM EST | February 24, 2010
CGGVeritas Revamps 3D Vessel in Mexican Waters of GOM
CGGVeritas deployed its Nautilus acoustic positioning and streamer steering system on the Alize, increasing production levels on the mega 3D seismic program being acquired for Pemex in the GOM.
7:00 PM EST | January 20, 2010
CGGVeritas Extends GOM Three Corners 3D Survey
CGGVeritas announced today that it has begun acquiring the Three Corners Extension 3D Wide-Azimuth multi-client survey in the western Gulf of Mexico.
7:00 PM EST | January 17, 2010
Jean-Georges Malcor to Lead CGGVeritas in July
CGGVeritas announced that Jean-Georges Malcor, currently Senior Vice President at Thales, joined CGGVeritas on January 1, 2010.
7:00 PM EST | January 11, 2010
CGGVeritas' Saudi Arabian JV Clinches OBC Contracts
CGGVeritas announced today that ARGAS, its Saudi Arabian joint venture owned 49% by CGGVeritas and 51% by TAQA, has been awarded two major Ocean Bottom Cable 3D data acquisition contracts by Saudi Aramco.
7:00 PM EST | January 10, 2010
CGGVeritas Provides Status Update for Fleet Utilization
CGGVeritas has provided its vessel utilization and its fleet allocation updates for the fourth quarter of 2009.
7:00 PM EST | January 05, 2010
Chariot Oil & Gas Kicks Off Additional Seismic Offshore Namibia
Chariot Oil & Gas noted that a second 3D seismic acquisition program has commenced in the Northern blocks, 1811 A&B offshore Namibia.
7:00 PM EST | November 30, 2009
CGGVeritas Reports Third Quarter 2009 Consolidated Results
CGGVeritas has announced its non-audited third quarter 2009 consolidated results.
7:00 PM EST | November 09, 2009
CGGVeritas Deploys SeisMovie for Heavy Oil Production
CGGVeritas has successfully completed the acquisition phase of a first continuous land 3D SeisMovie project conducted for Shell Canada in the Peace River region, Alberta, Canada.
8:00 PM EST | October 29, 2009
CGGVeritas Offers Best-Quality Data Library in Key Locations
CGGVeritas continues to invest in expanding its data library portfolio in the most prospective locations. Acquired and imaged with the latest technologies including wide azimuth, its multi-client surveys provide the clearest geological insight.
8:00 PM EST | October 27, 2009
Nautilus Vessels Promise to Be Safer, Quieter and Better
CGGVeritas is confident that acquisition of its PEMEX Gulf of Mexico survey with the advanced Sercel Nautilus-Sentinel steered solid streamers will provide a new benchmark for safer operations, quieter data and better crew efficiency.
8:00 PM EST | October 26, 2009
CGGVeritas Leads Breakthrough Technology for Sub-Salt Imaging
CGGVeritas has developed the algorithm of choice for wide azimuth. Its use in general production worldwide on narrow- and wide-azimuth data is providing considerable uplift in sub-salt imaging.
8:00 PM EST | October 25, 2009
CGGVeritas Taps Jean-Georges Malcor for General Management Team
CGGVeritas announced today that Jean-Georges Malcor, currently Senior Vice President at Thales, will join CGGVeritas on January 1, 2010.
8:00 PM EST | October 25, 2009
CGGVeritas Posts 3D Vessel Utilization Update for 3Q
CGGVeritas has provided its vessel utilization and its fleet allocation updates for the third quarter of 2009.
8:00 PM EST | October 07, 2009
CGGVeritas Oman Crew Set Safety Milestone, Production Record
CGGVeritas announced that its regional joint venture with TAQA in Oman and the wider Middle East region achieved a double milestone.
8:00 PM EST | September 17, 2009
CGG Veritas Wins $465MM Mexico Oil Exploration Deal
CGG Veritas has won a five-year contract with Pemex to search for oil in underexplored areas of the Gulf of Mexico.
8:00 PM EST | September 07, 2009
CGGVeritas Expands UK Seismic Processing, Imaging Center
CGGVeritas has expanded its open processing & imaging center in Aberdeen, UK. The center has been comprehensively upgraded to facilitate and support the significant advances in the seismic imaging technology and services it provides.
8:00 PM EST | August 31, 2009
CGGVeritas Signs R&D Agreement in Western Australia
CGGVeritas has signed a research and development agreement with the Western Australian Energy Research Alliance, a prominent oil and gas research alliance within the Asia-Pacific region.
8:00 PM EST | August 17, 2009
CGGVeritas Notes Inauguration of Technology Center in Saudi Arabia
CGGVeritas announced today that ARGAS, one of its joint ventures with TAQA in the Middle East, has opened a Technology Center in Al Khobar, Saudi Arabia.
8:00 PM EST | August 10, 2009