CGG Wins Major Survey Contract from ONGC

Compagnie Generale de Geophysique has been awarded a major contract by the Indian national oil company ONGC for the acquisition and onboard processing of a series of exclusive marine surveys stretching over the entire west coast and on a portion of the east coast of India.

The project comprises 19 separate surveys covering a total surface area of approximately 13,000 sq km and is located predominantly in the Bombay High basin. The flexibility of the CGG fleet is ideally suited to this challenging program where 4 to 10 streamers vessel configurations will be required to work in the wide range of geological targets and water depths including very shallow waters.

Shooting is scheduled to start in November and reach completion in mid-June 2005. Full onboard processing will be performed on the vessels using CGG's proprietary software, Geocluster, to ensure a seamless flow between data acquisition and processing.

According to Christophe PETTENATI-AUZIERE, CGG's Senior Executive Vice President, Services: "This 103 M$ award ranks among the largest in the industry. This new project reflects CGG's commitment to supporting ONGC in its ambitious oil exploration program. It comes in the wake of a project we recently acquired to the satisfaction of ONGC off the east coast, which saw very positive co-operation between our two companies."