Luanda, 20 July 2010

Expanding on the capabilities provided by our Processing & Imaging Center that has been operating in Luanda, Angola for over 10 years, CGGVeritas has opened a new Geology & Geophysics (G&G) Center. The new center will provide training, interpretation and reservoir modeling for prospect generation and field development projects.

The new G&G Center was launched in collaboration with senior management at SONANGOL EP Exploration and will house over 25 geoscientists from Angola and around the world to provide a broad range of technical expertise including Hampson-Russell software and services. The center will also host CGGVeritas University to offer a unique catalog of leadership and technology training courses in geology, geophysics, petrophysics and reservoir engineering.

Strongly supporting the introduction of the new G&G Center, SONANGOL believes that access to enhanced training and the ability to perform more reservoir projects in-country are critical to the development of the petroleum services industry in Angola.

Lionel Lhommet, Executive Vice President, Geomarkets & Global Marketing, CGGVeritas, said: “We are honored to increase our presence in Angola. The Luanda G&G Center is an important resource for expanding the services we provide and for working more closely with the Angolan E&P industry to support an enhanced understanding of the region’s considerable hydrocarbon potential.”

About CGGVeritas

CGGVeritas (www.cggveritas.com) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

Contacts

Luanda Training Center
Leopoldina Ribeiro
Tel: + 244 917 90 02 51
Email: leopoldina.ribeiro@cggveritas.com

Hampson-Russell Software & Services
Adrian Smith
Tel: + 44 1293 683 597
Email: adrian.smith@cggveritas.com

Media Relations
Sara Pink-Zerling
Tel: + 33 (1) 64 47 38 83
Email: sara.pink-zerling@cggveritas.com