CGG returns to Caspian Sea

Compagnie Générale de Géophysique (CGG) was awarded the acquisition and onboard processing of a major 3D seismic survey in the Aktote and Kairan prospects of the North Caspian Sea. Agip KCO, as operator, acted on behalf of a consortium comprised of Eni, Total, ExxonMobil, BG, Shell Kazakhstan BV, ConocoPhillips, and Inpex.

Compagnie Générale de Géophysique (CGG) was awarded the acquisition and onboard processing of a major 3D seismic survey in the Aktote and Kairan prospects of the North Caspian Sea. Agip KCO, as operator, acted on behalf of a consortium comprised of Eni, Total, ExxonMobil, BG, Shell Kazakhstan BV, ConocoPhillips, and Inpex.

The survey will begin in the second quarter of 2004 and cover approximately 700 sq km in very shallow 1-3 m waters. CGG will undertake the work with Kazakhstancaspishelf (KCS), a Kazakhstan contractor and subsidiary of KazMunayGaz.

"This award brings us particular pleasure as it marks CGG's return to the Caspian after an absence of some years," said Dominique Robert, executive vice president of CGG Land Acquisition Services. "We believe that with our unrivalled expertise in shallow water operations and the local resources and experience offered by KCS, we have a winning combination to address the technical and operational complexities of this challenging project."

4/2/04

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