CGG Wins Contract for 4th Consecutive Season Offshore India

Compagnie Generale de Geophysique (CGG) announces its fourth consecutive season of work in India with the award of a major 3D seismic offshore acquisition contract, worth over $100 million. This deepwater seismic program to be performed between October 2006 and March 2007 covers a surface area of 8600 sq km off the eastern coast.

Full onboard processing will be performed onboard the three 3 D seismic vessels using CGG's proprietary software, Geocluster.

"This contract constitutes a clear measure of the quality of our relations with ONGC." stated Christophe Pettenati-Auziere, CGG's President, Geophysical Services. "It marks our commitment to our continued strategy of maintaining a strong presence in India, where the CGG Group regularly conducts deepwater and land acquisition surveys as well as data processing activities with the center we opened in Mumbai last year."