CGG

Detailed Description

CGG operates as a geoscience company in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates through two segments, Geology, Geophysics & Reservoir; and Equipment segments. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processes seismic data; and sells seismic data processing and reservoir characterization software primarily under the Hampson-Russell, Jason, Insight Earth, and Velpro brands. It also provides geoscience and petroleum engineering consulting services; and data management services and software to its clients, as well as collects, develops, and licenses geological data under the Robertson brand. The Equipment segment manufactures and sells seismic equipment used for land and marine seismic data acquisition, including seismic recording equipment, software, and seismic sources for land vibrators or marine sources. It also provides customer support services, such as training. CGG has strategic partnership with PGS and TGS for shared multi-client data offerings. The company was formerly known as Compagnie Générale de Géophysique — Veritas SA and changed its name to CGG in 2013. CGG was incorporated in 1931 and is headquartered in Massy, France.