CGGVeritas to add two new vessels

CGGVeritas has chartered two new vessels from 2010 to meet rising geoseismic survey demand, and plans to add six more from 2011-2012, said chairman and CEO, Robert Brunck, at the opening of a new $55 million Asia-Pacific headquarters in Singapore today.

Offshore staff

SINGAPORE -- CGGVeritas has chartered two new vessels from 2010 to meet rising geoseismic survey demand, and plans to add six more from 2011-2012, said chairman and CEO, Robert Brunck, at the opening of a new $55 million Asia-Pacific headquarters in Singapore today.

He also projected a double-digit growth for CGGVeritas' geophysical services and equipment supplies, which currently accounts for one-third of the $10 billion global market. Last year, the company grew by 20%.

CGGVeritas currently operates seven vessels in Asia-Pacific, Brunck said.
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01/17/2008

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