CGGVeritas Announces the Completion of BroadSeis Survey for Brunei Shell Petroleum Company
PARIS, France – May 23, 2011
CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today that it has completed a BroadSeis seismic survey in Brunei Darussalam for Brunei Shell Petroleum Company Sdn. Bhd. (BSP).
BroadSeis, the new CGGVeritas broadband marine solution, combines Sercel Sentinel solid streamers, a unique variable-depth towing configuration and a proprietary deghosting and imaging algorithm.
Jean-Georges Malcor, CEO of CGGVeritas, said: "This BroadSeis survey reflects the increasing industry interest in the benefits of BroadSeis, our breakthrough broadband solution, which provides a remarkable step forward in the quality of high-resolution marine seismic images."
The program comprised a number of 2D lines located in deepwater and combined BroadSeis technology with a bigger source array and a long streamer. CGGVeritas acquired the survey on the block operated by BSP and in cooperation with Total E&P Deep Offshore Borneo B.V.
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.
CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGV).
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