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CGG departs marine seismic acquisition business
Jan. 9, 2020
Source: World Oil

CGG departs marine seismic acquisition business

French Geoscience company, CGG has informed about concluding its withdrawal from the marine seismic acquisition business. CGG farmed out the marine seismic acquisition business in a strategic partnership transaction to Shearwater GeoServices. CGG also informed about the creation of a joint venture under the Sercel brand for the research and development, manufacturing, commercialization, and support of marine streamer seismic acquisition equipment.

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