Business Description :
CGG, a geoscience company, provides geological, geophysical, and reservoir services to customers in the oil and gas exploration and production industry, as well as manufactures and sells geophysical equipment in North America, Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates in three segments: Acquisition; Geology, Geophysics & Reservoir; and Equipment. The Acquisition segment offers geophysical acquisition services, including land, marine, airborne, and seabed. This segment provides marine seismic 2D and 3D services; and delivers marine seismic contract data acquisition in frontier areas, as well as provides marine seismic contract data acquisition and multi-client surveys. As of December 31, 2013, it had a fleet of 21 seismic vessels. This segment is also involved in the acquisition and onsite processing of seismic data acquired on land areas; and acquisition, processing, and interpretation of airborne geophysical data on land or offshore. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processing seismic data; sells seismic data processing and reservoir characterization software under the geovation, Hampson-Russell and Jason brands; provides geoscience and petroleum engineering consulting services; collects, develops, and licenses geological data; and providing data management services and software to its clients. The Equipment segment develops and produces seismic equipment in the land and marine seismic markets. This segment offers a range of geophysical equipment for seismic data acquisition, including seismic recording equipment, software, and seismic sources either for land (vibrators) or marine (air guns), as well as supplies its clients with integrated solutions. The company was formerly known as CCompagnie Générale de Géophysique Veritas, S.A. and changed its name to CGG in 2013. CGG was founded in 1931 and is headquartered in Paris, France.
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