CGG Lands $80M Seismic Acquisition Contracts for Asia Pacific, West Africa

CGG announced Wednesday that the company has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeis with BroadSource, marine broadband technology. The four surveys represent a total contract value of over $80 million.

Three of the surveys have been awarded in the Asia-Pacific region, with two offshore Malaysia and one offshore north west (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."

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