{"id":398659,"date":"2020-12-14T01:33:13","date_gmt":"2020-12-14T06:33:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398659"},"modified":"2020-12-14T01:33:13","modified_gmt":"2020-12-14T06:33:13","slug":"cgg-sercel-wins-second-saudi-mega-crew-equipment-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-sercel-wins-second-saudi-mega-crew-equipment-contract\/","title":{"rendered":"CGG: Sercel Wins Second Saudi Mega-Crew Equipment Contract"},"content":{"rendered":"
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\u00a0Sercel Wins Second Saudi Mega-Crew Equipment Contract<\/strong><\/strong><\/p>\n

\n Paris, France \u2013 December 14, 2020<\/em>\n <\/p>\n

CGG announced today that Sercel has won a second major contract to supply land seismic equipment to a leading seismic acquisition contractor for a 3D mega-crew survey in Saudi Arabia. It has also won a smaller contract to equip a 2D survey to be conducted by the same contractor. These two new contracts closely follow the recently announced award to Sercel of a similar large-scale contract to equip a separate Saudi 3D mega-crew survey. <\/p>\n

The new 3D contract includes a Sercel 508XT<\/sup> seismic acquisition system of over 60,000 channels equipped with strings of SG-10 geophones, and a fleet of over 30 Nomad 65 Neo<\/em> all-terrain vibrator trucks with a full VE464 advanced vibrator electronics package. The equipment will be deployed from March onwards on the desert survey that is scheduled to last three years.<\/p>\n

Emmanuelle Dubu, CEO, Sercel, said: \u201cThe award of this second mega-crew equipment contract in Saudi Arabia significantly strengthens Sercel\u2019s already well-established position in the Middle East. Our equipment was selected for this contract on the strength of our long-term commercial relationship with the client and the proven reliability of our high-performance seismic equipment for these challenging land surveys acquired by highly productive crews.\u201d <\/p>\n

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\n About CGG<\/strong>
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\n CGG (<\/em>
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\n www.cgg.com<\/u>
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\n <\/a>
\n ) is a global geoscience technology leader. Employing around 4,000 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).<\/em>\n <\/p>\n

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\n Contacts<\/strong>
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\n Group Communications & Investor Relations
<\/strong>
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Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: christophe.barnini@cgg.com<\/a><\/p>\n

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