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companies say that they have received "some" monies from CGG since Cannes.
CGG Geoscience's Subsurface Imaging Center in Rio will employ the latest, most advanced data processing techniques to deliver exceptional imaging of pre-salt structures in these prolific basins.
Locally, CGG will add value to Local Business Development through recruitment as well as local geoscience-related personnel and execute business opportunities.
The combination of Sovcomflot's Arctic maritime experience and Russian presence with CGG's technology expertise will bring strong growth opportunities, according to CGG CEO Jean-Georges Malcor.
CGG Veritas will pay NOK15.17 in cash for each Wavefield share.
Commenting on these results, Sophie Zurquiyah, CGG CEO, said:"I am very pleased to see the strong performance of CGG in the first half of 2019.
The framework agreement is aimed at strengthening the long-term partnership of TAQA and CGG in the Middle East, the two companies said.
CGG unveiled the accord on the purchase of Fugro's geoscience division last September.
The Letter of Intent describes an agreement between CGG and Arrow to enter into a firm 12-year bareboat charter for the vessel including in-sea seismic equipment.
Geoscience company CGG (NYSE:CGG) reported on Thursday the completion of the acquisition of final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia.
The new equally-owned venture based in Suresnes, France, will operate as GeofieLD Ship Management Services, providing maritime ship management services for five of CGG's high-capacity 3D seismic vessels.
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