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CGGVeritas:
CGGVeritas
Type Public (Euronext: GA, NYSECGV)
Founded 2007
Headquarters Paris, France
Area served Global
Key people Robert Brunck (CEO)
Industry Petroleum
Products Geophysical Services
Employees 7,000
Website www.cggveritas.com

CGGVeritas is a French-based geophysical services company, resulting from the 2007 combination of Compagnie Générale de Géophysique (CGG) and Veritas DGC Inc.

Contents

[edit] History

[edit] CGG

CGG was founded in 1931 by Conrad Schlumberger and acquired its first seismic survey in 1932. In 1966, CGG opened its first seismic data processing center in Massy, France.

[edit] Veritas DGC

Digital Consultants Inc. was established in Houston, Texas in 1965 with a vision to apply digitial computing to the geophysical industry. In 1969, Digital Consultants reincorporates as Digicon Inc. (DGC), becoming a public company on the American Stock Exchange. Digicon provided both seismic acquisition and seismic processing services.

In 1974, Veritas Energy Services, a geophysical services company, was established in Calgary, Canada with the purchase of Rafael B. Cruz and Associates Ltd. by D. B. Robson.

In 1996, Veritas DGC was formed from Digicon and Veritas.

[edit] Merger

In 2007, CGG took over Veritas DGC and changed its name to CGGVeritas.[1]

[edit] Activities

CGGVeritas activities range from acquisition on land/shallow water, deep water, seabed, borehole and near-surface to processing and interpretation of seismic data and well-logs. The company is known in the geophysical industry for its strict adherence to HSE protocols.[citation needed]

[edit] Notes

  1. ^ "With Merger Complete, 'CGGVeritas' Moves Forward" (January 15, 2007). Retrieved on 2008-08-27.

[edit] External links



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