CGG acquires Taurus Reservoir

CGG has acquired Taurus Reservoir Solutions Ltd.

Apr 22nd, 2015

Offshore staff

PARIS –CGG has acquired Taurus Reservoir Solutions Ltd.

Taurus offers reservoir and geomechanical simulation and engineering technology along with consulting services, and will be included in CGG’s GeoConsulting business organization.

Dr. Tony Settari, president and co-founder of Taurus, added: “We are very pleased to join CGG and look forward to bringing our technology and expertise in geomechanics, classical reservoir engineering and fracturing to the geoscience portfolio of CGG. This unique combination will yield solutions that better address the most difficult subsurface challenges and enable oil and gas companies to further reduce the risks and costs associated with the production of hydrocarbons.”

04/22/2015

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