CGG: Sercel Enter into Exclusive Negotiations with LISS - Low Impact Seismic Sources
05 Mai 2021 - 7:30AM
CGG: Sercel Enter into Exclusive Negotiations with LISS - Low
Impact Seismic Sources
Sercel Enter into
Exclusive
Negotiations with
LISS - Low Impact Seismic Sources
Paris, France – May 05, 2021
CGG announced today that Sercel and Low Impact
Seismic Sources (LISS) have entered into exclusive negotiations for
the acquisition of LISS by Sercel. In collaboration with Shell,
LISS has developed the TPS (Tuned Pulse Source), an innovative
marine seismic source with much enhanced low-frequency output.
The LISS TPS solution meets the industry need
for low frequencies that allow deeper penetrations and more
accurate quantitative interpretation and Full Waveform Inversion
(FWI) results, especially in combination with long-offset data, all
while further reducing environmental impact.
Sercel will continue to develop and
commercialize the TPS worldwide. Shell will continue to provide its
support with in-sea testing to be conducted this summer and will
execute a first commercial survey using the LISS TPS source later
this year.
Steve Chelminski, co-founder of LISS and
inventor of the first marine seismic impulsive source in the
1960’s, said: “I’m very pleased that Sercel, the equipment supplier
to the seismic industry, is acquiring LISS. Sercel will provide the
benefits of TPS and its successor technologies, representing a new
era of seismic source technology, to all contractors and oil
companies in the industry. It’s the low-frequency source that
brings not just the data required for real imaging and FWI
improvement, but in addition the environmental benefits that will
continue to advance the industry’s ability to be excellent
custodians of our environment”.
Gerard van Drempt, Shell Global Category Manager
Geophysics , said: “Shell is delighted to see that the solution
that it has developed in collaboration with LISS will become
market-ready for commercial acquisitions. We trust that the
collaboration between Shell, LISS and Sercel will allow this
innovative source to become the industry’s preferred solution for
low impact enhanced low-frequency seismic acquisition.”
Emmanuelle Dubu, Sercel CEO, said: “With its
experienced people, intellectual property and game-changing marine
source, LISS brings significant added value to Sercel’s marine
seismic products and perfectly complements our current portfolio of
market-leading high quality and sustainable exploration, reservoir
development and monitoring solutions.”
About CGG
CGG (www.cgg.com) is a global geoscience
technology leader. Employing around 3,700 people worldwide, CGG
provides a comprehensive range of data, products, services and
solutions that support our clients to more efficiently and
responsibly solve complex natural resource, environmental and
infrastructure challenges. CGG is listed on the Euronext Paris SA
(ISIN: 0013181864).
_____________________________
Contacts
Group Communications & Investor
RelationsChristophe BarniniTel: + 33 1 64 47 38 11E-Mail:
christophe.barnini@cgg.com |
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