The center aims to provide E&P companies operating in Myanmar onsite access to CGG’s subsurface imaging technology and expertise. Over time, the center will also act as a base from which CGG intends to expand its business in the country.
The new center is equipped with state-of-the-art hardware and CGG’s seismic processing software to meet the subsurface imaging requirements of CGG’s clients. A fast, dedicated network link to CGG’s Singapore hub is also available for processing large data volumes.
Sophie Zurquiyah, senior executive vice president, Geology, Geophysics & Reservoir, CGG, said, “With the Myanmar government’s recent award of 16 onshore and 20 offshore blocks to international and local oil and gas companies, we foresee a quickening in the pace of exploration activity over the next 18 months. CGG’s launch of a subsurface imaging center in Myanmar underlines our commitment to participating in the opening up of Myanmar to the international E&P industry. We intend to build on our new center’s strong local presence to help unlock the potential of this emerging market.”