CGG and OMV: Continue Cooperation with Multi-Year Extension of Dedicated Center
04 Décembre 2018 - 7:30AM
CGG and OMV
Continue Cooperation with Multi-Year Extension of Dedicated
Center
Paris, France - December 4,
2018
CGG announced today that its
contract with OMV to operate a dedicated center at its head office
in Vienna has been renewed. The contract will run for a further
three years. During this period OMV will continue to benefit from
onsite access to CGG's subsurface imaging and reservoir
characterization expertise and technology. The support given by the
center to image and interpret OMV's geophysical data and the
collaborative spirit in which the teams work together help to
provide greater insight into OMV's worldwide acreage.
The two companies have worked
together as strategic partners since the center first opened in
1979. The tailored service delivered by experienced in-house
geoscientists gives OMV access to CGG's latest technologies as well
as the support of experts and compute capacity from CGG's Paris and
London hubs.
Christopher Veit, SVP Exploration,
Development & Production, OMV Upstream, said: "Geophysical
technology is a critical factor for future success in OMV's
upstream oil and gas business and I am very pleased that OMV will
continue its strategic partnership with CGG. The continuation of
our long-term cooperation with CGG will benefit OMV in terms of
continuous advancement in seismic technology and capability."
Sophie Zurquiyah, CEO, CGG, said:
"The OMV center is the longest-running of the 11 dedicated centers
CGG operates for clients worldwide. Its impressive track record
testifies to the strength of our relationship with OMV and the
level of trust between our two companies. It is also an excellent
example of the value this type of strategic partnership can bring
to both parties. The close in-house interaction constantly
challenges us to develop and introduce new technologies and
workflows that translate into business value that meets and often
exceeds expectations."
About CGG
CGG
(www.cgg.com) is a fully integrated Geoscience
company providing leading geological, geophysical and reservoir
capabilities to its broad base of customers primarily from the
global oil and gas industry. Through its three complementary
businesses of Equipment, Acquisition and Geology, Geophysics &
Reservoir (GGR), CGG brings value across all aspects of natural
resource exploration and exploitation. CGG employs around 5,200
people around the world, all with a Passion for Geoscience and
working together to deliver the best solutions to its customers.
CGG is listed on the Euronext Paris SA (ISIN: 0013181864).
About OMV
OMV is producing
and marketing oil and gas, innovative energy and high-end
petrochemical solutions - in a responsible way. With Group sales of
EUR 20 bn and a workforce of around 20,700 employees in 2017, OMV
Aktiengesellschaft is one of Austria's largest listed industrial
companies. In Upstream, OMV has as strong base in Romania and
Austria and a balanced international portfolio, with the North Sea,
the Middle East & Africa and Russia as further core regions.
2017 daily production stood at approximately 348,000 boe/d. In
Downstream, OVM operates three refineries with a total annual
processing capacity of 17.8 mn tonnes and more than 2,000 filling
stations in ten countries as of year-end 2017. OMV operates a gas
pipeline network in Austria and gas storage facilities in Austria
and Germany. In 2017, gas sales volumes amounted to 113
TWh.
Contacts
CGG Group
Communications
& Investor Relations
Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: : invrelparis@cgg.com
OMV Public Relations
Andreas Rinofner
Tel.: +43 1 40440-21472
E-Mail: public.relations@omv.com
|
CGG Investor Relations
Matthieu Lugez
Tel: +33 1 64 47 35 46
E-mail: :invrelparis@cgg.com
OMV Investor Relations
Florian Greger
Tel.: +43 1 40440-22421
E-mail: investor.relations@omv.com
|
|
Media Relations
Debra Dryer
Tel: +1 281 275 7619
E-Mail: ddryer@fairfieldgeo.com
|
Press release pdf version
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: CGG via Globenewswire
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