CGG wins 3D seismic contract for offshore India

Compagnie Générale de Géophysique has won its fourth consecutive season of work in India with the award of a 3D seismic offshore acquisition contract worth over $100 million.

Offshore staff

Compagnie Générale de Géophysique (CGG) announces its fourth consecutive season of work in India with the award of a major 3D seismic offshore acquisition contract worth over $100 million.

The deepwater seismic program is to be performed between October 2006 and March 2007 and covers a surface area of 8,600 sq km off the eastern coast.

Full processing will be performed onboard the three 3D seismic vessels using CGG's proprietary software, Geocluster.

"This contract constitutes a clear measure of the quality of our relations with ONGC," states Christophe Pettenati-Auzière, CGG's president, Geophysical Services.

"It marks our commitment to our continued strategy of maintaining a strong presence in India, where the CGG Group regularly conducts deepwater and land acquisition surveys as well as data processing activities with the center we opened in Mumbai last year."

02/23/06

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