CGGVeritas Company News

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CGG Qualifies as Mexican Reserves Auditor
Tuesday, May 17, 2016CGGVeritas 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.

Karoon Engages CGGVeritas for 3D Seismic Survey in Permit WA-482-P
Wednesday, June 19, 2013Karoon engages CGGVeritas Services to conduct a marine 3D seismic survey over permit WA-482-P in the offshore northern Carnarvon Basin.

CGG: New Identity, New Acquisition
Monday, January 28, 2013CGG announced today that the main agreements needed to close the acquisition of Fugro's Geoscience Division have been signed.

CGGVeritas Conducts First BroadSeis Survey Offshore China
Wednesday, November 07, 2012CGGVeritas successfully conducts the first 3D BroadSeis marine surveys to be recorded offshore China.

CGGVeritas, Saudi Aramco Pen MOU
Thursday, June 07, 2012CGGVeritas has signed a Memorandum of Understanding with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies.

Lundin Awards CGGVeritas BroadSeis Survey
Wednesday, June 06, 2012CGGVeritas 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.

CGGVeritas Lands 4D Seismic Survey Offshore Angola
Monday, April 16, 2012CGGVeritas 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.

CGGVeritas Begins Seismic Survey in Alaska
Friday, March 09, 2012CGGVeritas has begun acquiring the Tabasco 3D multi-client survey near the Kuparuk and Alpine oil fields on Alaska's North Slope.

Spectrum, Partners Start Seismic Survey Offshore Namibia
Monday, January 16, 2012Spectrum, in partnership with CGGVeritas and NAMCOR, has commenced a new 2D Multi-Client seismic survey covering the deepwater Orange Basin, offshore Namibia.

Lundin Selects CGGVeritas' New-Build for Avaldsnes Field
Thursday, October 27, 2011CGGVeritas 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.

CGGVeritas Briefs Vessel Utilization for 3Q11
Monday, October 10, 2011CGGVeritas provided its vessel utilization and its fleet allocation updates for the third quarter of 2011.

CGGVeritas Concludes Survey for Chevron Norge
Tuesday, September 27, 2011CGGVeritas has completed acquisition of a 3D survey with BroadSeisTM, its unique broadband marine solution, for Chevron Norge AS.

Sercel Finishes First Commercial Seismic Project
Thursday, September 22, 2011Sercel has confirmed the successful deployment of its new satellite-positioned DSUGPS sensor on its first commercial seismic project.

CGGVeritas Pens Strategic Agreement with Spectrum
Friday, July 29, 2011CGGVeritas has signed a strategic agreement with Spectrum for the contribution by CGGVeritas of its 2D Multi-client marine library.

CGGVeritas Sees 16% Increase in YOY Revenue
Friday, July 29, 2011CGGVeritas reported $750MM in Group Revenue, up 16% year-on-year and 3% sequentially.

CGGVeritas to Expand Fleet with 6 BOURBON Support Vessels
Tuesday, June 28, 2011CGGVeritas has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations.

CGGVeritas Offers $600MM in Private Placement
Tuesday, May 24, 2011CGGVeritas intends to pursue an offering of senior notes due 2021 in an aggregate principal amount of approximately $600 million in a private placement.

CGGVeritas Granted Seismic Permit in GOM
Monday, May 23, 2011CGGVeritas has been granted a seismic permit in the Gulf of Mexico.

CGGVeritas, PetroVietnam Enter Seismic JV
Friday, May 20, 2011CGGVeritas has signed an agreement with PetroVietnam Technical Services Corporation (PTSC) to create a marine joint venture company.

CGGVeritas Inks Agreement with Elnusa
Friday, May 20, 2011CGGVeritas has signed an agreement with Elnusa to create a marine joint venture company.

CGGVeritas Briefs on Vessel Fleet
Friday, April 08, 2011CGGVeritas provided its vessel utilization and its fleet allocation updates for the first quarter of 2011.

Bahamas Petroleum Contracts CGGVeritas for Seismic Services
Friday, April 01, 2011Bahamas 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.

CGGVeritas Enters JV for Seismic Surveys Offshore Indonesia
Friday, February 25, 2011CGGVeritas 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

CGGVeritas Reports $656MM for 3Q10
Tuesday, November 09, 2010"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.

CGGVeritas Launches Largest, Most Powerful X-BOW Seismic Vessel
Tuesday, August 10, 2010CGGVeritas has launched the Oceanic Vega seismic vessel at a naming ceremony held at the Ulstein Verft shipyard in Norway.

CGGVeritas Opens New Shop in Angola
Wednesday, July 21, 2010CGGVeritas has opened a new Geology & Geophysics (G&G) Center in Luanda, Angola.

CGGVeritas, Petrobras to Open Rio Technology Center
Wednesday, June 16, 2010CGGVeritas has signed a TCA with Petrobras for the collaborative development and implementation of new technologies in the field of Geophysics.

CGGVeritas Launches New Solution for High-Resolution Marine Seismic
Tuesday, June 15, 2010CGGVeritas announced the launch of BroadSeis, a new integrated service for high-resolution marine seismic.

Brazil-West African Connection Sparks Subsalt Oil Search
Friday, April 09, 2010Oil 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.

CGGVeritas' Seismic Vessel Wins Industry HSE Award
Tuesday, March 23, 2010CGGVeritas' seismic vessel, the Bergen Surveyor, has won the annual HSE Award given by TGS for 2009.

PA Resources Awards Greenland Seismic Contract
Thursday, March 18, 2010PA Resources has awarded a contract to CGGVeritas Services SA for 2D seismic acquisition in the PA Resources operated Block 8, offshore West Greenland.

CGGVeritas Cites 'Relatively Stable' Backlog of $1.56B
Thursday, February 25, 2010"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.

CGGVeritas Revamps 3D Vessel in Mexican Waters of GOM
Thursday, January 21, 2010CGGVeritas 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.

CGGVeritas Extends GOM Three Corners 3D Survey
Monday, January 18, 2010CGGVeritas announced today that it has begun acquiring the Three Corners Extension 3D Wide-Azimuth multi-client survey in the western Gulf of Mexico.

Jean-Georges Malcor to Lead CGGVeritas in July
Tuesday, January 12, 2010CGGVeritas announced that Jean-Georges Malcor, currently Senior Vice President at Thales, joined CGGVeritas on January 1, 2010.

CGGVeritas' Saudi Arabian JV Clinches OBC Contracts
Monday, January 11, 2010CGGVeritas 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.

CGGVeritas Provides Status Update for Fleet Utilization
Wednesday, January 06, 2010CGGVeritas has provided its vessel utilization and its fleet allocation updates for the fourth quarter of 2009.

Chariot Oil & Gas Kicks Off Additional Seismic Offshore Namibia
Tuesday, December 01, 2009Chariot Oil & Gas noted that a second 3D seismic acquisition program has commenced in the Northern blocks, 1811 A&B offshore Namibia.

CGGVeritas Reports Third Quarter 2009 Consolidated Results
Tuesday, November 10, 2009CGGVeritas has announced its non-audited third quarter 2009 consolidated results.

CGGVeritas Deploys SeisMovie for Heavy Oil Production
Friday, October 30, 2009CGGVeritas 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.

CGGVeritas Offers Best-Quality Data Library in Key Locations
Wednesday, October 28, 2009CGGVeritas 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.

Nautilus Vessels Promise to Be Safer, Quieter and Better
Tuesday, October 27, 2009CGGVeritas 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.

CGGVeritas Leads Breakthrough Technology for Sub-Salt Imaging
Monday, October 26, 2009CGGVeritas 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.

CGGVeritas Taps Jean-Georges Malcor for General Management Team
Monday, October 26, 2009CGGVeritas announced today that Jean-Georges Malcor, currently Senior Vice President at Thales, will join CGGVeritas on January 1, 2010.

CGGVeritas Posts 3D Vessel Utilization Update for 3Q
Thursday, October 08, 2009CGGVeritas has provided its vessel utilization and its fleet allocation updates for the third quarter of 2009.

CGGVeritas Oman Crew Set Safety Milestone, Production Record
Friday, September 18, 2009CGGVeritas announced that its regional joint venture with TAQA in Oman and the wider Middle East region achieved a double milestone.

CGG Veritas Wins $465MM Mexico Oil Exploration Deal
Tuesday, September 08, 2009CGG Veritas has won a five-year contract with Pemex to search for oil in underexplored areas of the Gulf of Mexico.

CGGVeritas Expands UK Seismic Processing, Imaging Center
Tuesday, September 01, 2009CGGVeritas 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.

CGGVeritas Signs R&D Agreement in Western Australia
Tuesday, August 18, 2009CGGVeritas 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.

CGGVeritas Notes Inauguration of Technology Center in Saudi Arabia
Tuesday, August 11, 2009CGGVeritas 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.