{"id":389218,"date":"2020-11-30T01:33:25","date_gmt":"2020-11-30T06:33:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389218"},"modified":"2020-11-30T01:33:25","modified_gmt":"2020-11-30T06:33:25","slug":"cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/","title":{"rendered":"CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\" id=\"gnw_attachments_section-header\">\u00a0<strong><strong>CGG <\/strong><strong>Wins <\/strong><strong>Three-Year <\/strong><strong>Contract <\/strong><strong>Extension <\/strong><strong>for <\/strong><strong>Oman Dedicated Processing Center<\/strong><\/strong><\/p>\n<p>\n        <em>Paris, France<\/em><br \/>\n        <em> \u2013 <\/em><br \/>\n        <em>November<\/em><br \/>\n        <em>30<\/em><br \/>\n        <em>,<\/em><br \/>\n        <em>20<\/em><br \/>\n        <em>20<\/em>\n      <\/p>\n<p align=\"justify\">CGG has been awarded a three-year contract extension by Petroleum Development Oman (PDO) to continue providing advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat. The new contract will run from 1 January 2022 until 31 December 2024.<\/p>\n<p align=\"justify\">PDO operates a concession in Oman that covers almost one third of the country\u2019s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO\u2019s exploration and production activities.<\/p>\n<p align=\"justify\">With this contract extension, CGG specialists will continue to implement their latest proprietary algorithms to bring step-changes in the imaging of the ever-growing volumes of land data, characterized by complex near-surface conditions and strong multiples. CGG will also address new challenges, such as adapting to PDO\u2019s transition from cable to node multi-source acquisition, incorporating machine learning into the workflows for both efficiency and improved quality, and supporting PDO in their ongoing challenge to increase the applicability of seismic in reservoir characterization.\u00a0\u00a0<\/p>\n<p align=\"justify\">CGG remains committed to its significant In-Country Value initiatives within Oman. These include promoting and developing local talent, and supporting various educational initiatives and outreaches through its close ties with the Sultan Qaboos University.<\/p>\n<p align=\"justify\">Sophie Zurquiyah, CEO, CGG, said: \u201cI would like to congratulate our Muscat DPC team on winning this contract renewal for our largest DPC worldwide. This achievement is undoubtedly due to their technical excellence, their outstanding service and support to PDO, and their proactivity over the decades to embrace change and new challenges. By 2024, CGG and PDO will have celebrated the 30<sup>th<\/sup> anniversary of this highly collaborative partnership that focuses on safety, integrity and innovation. We are committed to building on this legacy and the continued advance of our seismic data imaging technology to best support PDO in the de-risking of prospects and the optimization of production.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>About CGG<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>CGG (<\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cIHteZD9vnqqZC3E92DppVZtvsq0GguBqYlBgBSzVRAmHyKXrcLST5ubOdVrKYCHU_jgWbgAPyNb9pWcMSvnMw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <em><br \/>\n            <u>www.cgg.com<\/u><br \/>\n          <\/em><br \/>\n        <\/a><br \/>\n        <em>) is a global geoscience technology leader. Employing around 4,<\/em><br \/>\n        <em>0<\/em><br \/>\n        <em>00 people worldwide, CGG provides a comprehensive range of data, products, services\u00a0and equipment that supports the discovery and responsible management of the Earth\u2019s natural resources. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).<\/p>\n<p><\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>Contacts<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Group Communications &amp; Investor Relations<br \/><\/strong><br \/>\n        <br \/>Christophe Barnini<br \/>Tel: + 33 1 64 47 38 11<br \/>E-Mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XIBgBfFP351cR2y4c8kzDCMzWMtUgz21G_ljpV2I1dQUovQIsyxHv0JkQvTaZMaswi_woZ2Z60C_K2Y_I0qBNbQwIeaVgCRbogPjhYc8vTBWrpRZ8pv57MSO6Du6OVYI\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">christophe.barnini@cgg.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Attachment<br \/><\/strong><br \/>\n        <a class=\"gnw_hidden_cns\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=mka-gD-M5pr1yfhJyYvF_4JTBwdS3FZvetZ-w4BR6ZUetQh_MXiKGHodG-U2iYPq8FTY3zBafYn1YRHztLY58mF6makQm9sGeuEbBntAWtXFeVYtz3bYvNMFHXtd3sEPlpk7RIg6PhynxlnO7msHMWNWbBervL-T8DRZ8fx9txmluDSNpQiGA_8Qx3TxwkuF\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">CGG &#8211; Press Release pdf version<\/a>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0MjA0MiM0MDA4Mjc5MjUjMTAxMTE4MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml-eu.globenewswire.com\/release\/track\/23f28b60-9c5c-4d7c-bb73-666b113d55ab\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center Paris, France \u2013 November 30 , 20 20 CGG has been awarded a three-year contract extension by Petroleum Development Oman (PDO) to continue providing advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat. The new contract will run from 1 January 2022 until 31 December 2024. PDO operates a concession in Oman that covers almost one third of the country\u2019s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO\u2019s exploration and production activities. With this contract extension, CGG specialists will continue to implement their latest proprietary algorithms to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389218","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u00a0CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center Paris, France \u2013 November 30 , 20 20 CGG has been awarded a three-year contract extension by Petroleum Development Oman (PDO) to continue providing advanced land seismic imaging services at its dedicated processing center (DPC) in Muscat. The new contract will run from 1 January 2022 until 31 December 2024. PDO operates a concession in Oman that covers almost one third of the country\u2019s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO\u2019s exploration and production activities. 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The new contract will run from 1 January 2022 until 31 December 2024. PDO operates a concession in Oman that covers almost one third of the country\u2019s land surface area. This makes the DPC a critical proving ground for deploying new technology and workflows that can meet the highly variable imaging requirements of PDO\u2019s exploration and production activities. With this contract extension, CGG specialists will continue to implement their latest proprietary algorithms to &hellip; Continue reading \"CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-30T06:33:25+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0MjA0MiM0MDA4Mjc5MjUjMTAxMTE4MQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center","datePublished":"2020-11-30T06:33:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/"},"wordCount":400,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDQ0MjA0MiM0MDA4Mjc5MjUjMTAxMTE4MQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-wins-three-year-contract-extension-for-oman-dedicated-processing-center\/","name":"CGG: CGG Wins Three-Year Contract Extension for Oman Dedicated Processing Center - 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